Short Interest in Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Increases By 133.0%

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 24,700 shares, an increase of 133.0% from the February 28th total of 10,600 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is presently 0.8 days.

Pioneer Diversified High Income Fund Stock Performance

Shares of NYSEAMERICAN:HNW traded up $0.04 on Friday, hitting $11.94. 14,650 shares of the company’s stock were exchanged, compared to its average volume of 30,039. Pioneer Diversified High Income Fund has a 1-year low of $11.11 and a 1-year high of $12.54. The stock’s 50-day moving average is $11.90.

Pioneer Diversified High Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 10.05%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Sit Investment Associates Inc. increased its stake in Pioneer Diversified High Income Fund by 30.9% in the fourth quarter. Sit Investment Associates Inc. now owns 367,622 shares of the company’s stock valued at $4,338,000 after purchasing an additional 86,806 shares during the period. Advisors Asset Management Inc. increased its position in Pioneer Diversified High Income Fund by 52.4% in the 4th quarter. Advisors Asset Management Inc. now owns 237,804 shares of the company’s stock valued at $2,806,000 after acquiring an additional 81,742 shares during the period. Raymond James Financial Inc. purchased a new stake in Pioneer Diversified High Income Fund during the 4th quarter valued at approximately $638,000. Invesco Ltd. grew its stake in shares of Pioneer Diversified High Income Fund by 137.6% in the 4th quarter. Invesco Ltd. now owns 40,971 shares of the company’s stock valued at $483,000 after purchasing an additional 23,730 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Pioneer Diversified High Income Fund by 6.3% in the fourth quarter. Ameriprise Financial Inc. now owns 144,115 shares of the company’s stock valued at $1,701,000 after purchasing an additional 8,594 shares during the period.

Pioneer Diversified High Income Fund Company Profile

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.