Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Sees Large Growth in Short Interest

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 13,900 shares, an increase of 5.3% from the October 15th total of 13,200 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is currently 0.4 days.

Pioneer Diversified High Income Fund Trading Up 0.7 %

HNW stock traded up $0.08 during midday trading on Monday, hitting $12.16. 33,018 shares of the company’s stock were exchanged, compared to its average volume of 28,693. Pioneer Diversified High Income Fund has a one year low of $10.39 and a one year high of $12.54.

Pioneer Diversified High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.0975 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 9.62%.

Institutional Trading of Pioneer Diversified High Income Fund

A number of institutional investors have recently modified their holdings of HNW. Clear Creek Financial Management LLC lifted its holdings in shares of Pioneer Diversified High Income Fund by 14.8% in the second quarter. Clear Creek Financial Management LLC now owns 19,270 shares of the company’s stock valued at $225,000 after purchasing an additional 2,480 shares in the last quarter. Choreo LLC lifted its holdings in shares of Pioneer Diversified High Income Fund by 5.1% in the second quarter. Choreo LLC now owns 34,288 shares of the company’s stock valued at $399,000 after purchasing an additional 1,663 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Pioneer Diversified High Income Fund by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 162,106 shares of the company’s stock valued at $1,893,000 after purchasing an additional 19,797 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Pioneer Diversified High Income Fund by 55.1% in the third quarter. Shaker Financial Services LLC now owns 106,990 shares of the company’s stock valued at $1,316,000 after purchasing an additional 38,028 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Pioneer Diversified High Income Fund by 206.3% in the third quarter. Advisors Asset Management Inc. now owns 156,062 shares of the company’s stock valued at $1,920,000 after purchasing an additional 105,105 shares in the last quarter.

About Pioneer Diversified High Income Fund

Pioneer Diversified High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets across the globe. The fund seeks to invest in higher yielding asset classes, including high yield bonds, leveraged bank loans, and event-linked bonds .It employs a combination of fundamental and quantitative analysis to create its portfolio.