Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Declines By 18.9%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 940,500 shares, a decrease of 18.9% from the October 15th total of 1,160,000 shares. Based on an average daily volume of 575,000 shares, the short-interest ratio is currently 1.6 days.

Pimco Dynamic Income Opportunities Fund Trading Down 0.2 %

Shares of NYSE PDO traded down $0.02 during mid-day trading on Friday, reaching $13.30. The company had a trading volume of 660,277 shares, compared to its average volume of 490,112. The firm has a 50 day simple moving average of $13.85 and a two-hundred day simple moving average of $13.51. Pimco Dynamic Income Opportunities Fund has a 52-week low of $11.72 and a 52-week high of $14.44.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.1279 per share. This represents a $1.53 annualized dividend and a dividend yield of 11.54%. The ex-dividend date is Tuesday, November 12th. Pimco Dynamic Income Opportunities Fund’s payout ratio is -7,650.00%.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SOL Capital Management CO increased its position in Pimco Dynamic Income Opportunities Fund by 16.5% during the second quarter. SOL Capital Management CO now owns 1,169,225 shares of the company’s stock worth $15,539,000 after buying an additional 165,360 shares during the period. Goldstone Financial Group LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund in the 3rd quarter valued at $1,069,000. Sanctuary Advisors LLC purchased a new stake in Pimco Dynamic Income Opportunities Fund in the 2nd quarter valued at $893,000. HighTower Advisors LLC boosted its stake in Pimco Dynamic Income Opportunities Fund by 24.7% during the 3rd quarter. HighTower Advisors LLC now owns 268,182 shares of the company’s stock worth $3,786,000 after purchasing an additional 53,066 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in Pimco Dynamic Income Opportunities Fund by 7.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 603,826 shares of the company’s stock worth $8,025,000 after purchasing an additional 44,042 shares during the last quarter. Institutional investors and hedge funds own 9.43% of the company’s stock.