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

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 940,500 shares, a drop of 18.9% from the October 15th total of 1,160,000 shares. Based on an average trading volume of 575,000 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Pimco Dynamic Income Opportunities Fund in the first quarter valued at about $132,000. SOL Capital Management CO boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 16.5% in the second quarter. SOL Capital Management CO now owns 1,169,225 shares of the company’s stock valued at $15,539,000 after acquiring an additional 165,360 shares in the last quarter. BCR Wealth Strategies LLC purchased a new stake in shares of Pimco Dynamic Income Opportunities Fund in the second quarter valued at about $322,000. Commonwealth Equity Services LLC boosted its holdings in shares of Pimco Dynamic Income Opportunities Fund by 7.9% in the second quarter. Commonwealth Equity Services LLC now owns 603,826 shares of the company’s stock valued at $8,025,000 after acquiring an additional 44,042 shares in the last quarter. Finally, Biechele Royce Advisors purchased a new stake in shares of Pimco Dynamic Income Opportunities Fund in the second quarter valued at about $205,000. 9.43% of the stock is owned by hedge funds and other institutional investors.

Pimco Dynamic Income Opportunities Fund Price Performance

NYSE:PDO traded down $0.02 during midday trading on Friday, hitting $13.30. 660,277 shares of the company were exchanged, compared to its average volume of 490,112. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $11.72 and a fifty-two week high of $14.44. The company has a fifty day simple moving average of $13.85 and a 200 day simple moving average of $13.51.

Pimco Dynamic Income Opportunities Fund Dividend Announcement

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