Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Down 18.9% in October

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a large decrease in short interest in 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 trading volume, of 575,000 shares, the days-to-cover ratio is currently 1.6 days.

Pimco Dynamic Income Opportunities Fund Price Performance

Pimco Dynamic Income Opportunities Fund stock traded down $0.02 during mid-day trading on Friday, reaching $13.30. 660,277 shares of the company’s stock were exchanged, compared to its average volume of 490,112. Pimco Dynamic Income Opportunities Fund has a twelve month low of $11.72 and a twelve month high of $14.44. The company has a fifty day moving average of $13.85 and a 200-day moving average of $13.51.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

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

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Hilltop Holdings Inc. acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund in the 3rd quarter valued at $152,000. B. Riley Wealth Advisors Inc. acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 1st quarter worth $132,000. Park National Corp OH acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 3rd quarter worth $174,000. Biechele Royce Advisors acquired a new stake in Pimco Dynamic Income Opportunities Fund during the 2nd quarter worth $205,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Pimco Dynamic Income Opportunities Fund by 20.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,589 shares of the company’s stock worth $207,000 after acquiring an additional 2,600 shares in the last quarter. 9.43% of the stock is currently owned by institutional investors and hedge funds.