Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Sees Large Decline in Short Interest

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 798,128 shares, a decrease of 25.8% from the December 15th total of 1,076,042 shares. Based on an average daily trading volume, of 782,113 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 782,113 shares, the short-interest ratio is currently 1.0 days.

Pimco Dynamic Income Opportunities Fund Trading Down 0.0%

Shares of NYSE:PDO traded down $0.01 during trading hours on Friday, reaching $13.98. The stock had a trading volume of 364,263 shares, compared to its average volume of 638,278. Pimco Dynamic Income Opportunities Fund has a 1 year low of $11.81 and a 1 year high of $14.25. The firm’s 50 day moving average is $13.89 and its 200-day moving average is $13.83.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Tuesday, January 13th will be issued a dividend of $0.1279 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a c) annualized dividend and a dividend yield of 11.0%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is currently -7,650.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. SOL Capital Management CO boosted its stake in shares of Pimco Dynamic Income Opportunities Fund by 0.4% in the third quarter. SOL Capital Management CO now owns 1,679,803 shares of the company’s stock valued at $23,719,000 after buying an additional 7,174 shares in the last quarter. Cercano Management LLC lifted its holdings in Pimco Dynamic Income Opportunities Fund by 21.6% in the second quarter. Cercano Management LLC now owns 1,666,651 shares of the company’s stock valued at $22,466,000 after acquiring an additional 295,858 shares during the period. Invesco Ltd. boosted its position in shares of Pimco Dynamic Income Opportunities Fund by 3.5% during the 3rd quarter. Invesco Ltd. now owns 964,934 shares of the company’s stock worth $13,625,000 after purchasing an additional 32,832 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of Pimco Dynamic Income Opportunities Fund by 3.7% during the 2nd quarter. Guggenheim Capital LLC now owns 773,376 shares of the company’s stock worth $10,425,000 after purchasing an additional 27,566 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 8.9% during the 3rd quarter. Bank of America Corp DE now owns 751,087 shares of the company’s stock worth $10,605,000 after purchasing an additional 61,529 shares during the period. 9.43% of the stock is currently owned by institutional investors and hedge funds.

PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) is an actively managed closed-end fund sponsored by Pacific Investment Management Company LLC (“PIMCO”), a global investment manager specializing in fixed income. PDO seeks to provide investors with a high level of current income, with a secondary objective of capital appreciation. The fund trades on the New York Stock Exchange and follows a dynamic, multi-sector approach to income generation.

The fund’s portfolio is diversified across a broad range of fixed-income asset classes.