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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the target of a significant increase in short interest during the month of 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 days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Pioneer Diversified High Income Fund

A number of institutional investors have recently bought and sold shares of the business. Choreo LLC increased its position in Pioneer Diversified High Income Fund by 5.1% during the second quarter. Choreo LLC now owns 34,288 shares of the company’s stock worth $399,000 after buying an additional 1,663 shares during the last quarter. Clear Creek Financial Management LLC increased its position in Pioneer Diversified High Income Fund by 8.8% during the third quarter. Clear Creek Financial Management LLC now owns 20,970 shares of the company’s stock worth $258,000 after buying an additional 1,700 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Pioneer Diversified High Income Fund by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 162,106 shares of the company’s stock worth $1,893,000 after buying an additional 19,797 shares during the last quarter. Shaker Financial Services LLC boosted its holdings in shares of Pioneer Diversified High Income Fund by 55.1% during the third quarter. Shaker Financial Services LLC now owns 106,990 shares of the company’s stock worth $1,316,000 after acquiring an additional 38,028 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Pioneer Diversified High Income Fund by 206.3% during the third quarter. Advisors Asset Management Inc. now owns 156,062 shares of the company’s stock worth $1,920,000 after acquiring an additional 105,105 shares during the period.

Pioneer Diversified High Income Fund Price Performance

NYSEAMERICAN HNW traded up $0.08 during trading on Monday, reaching $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 fifty-two week low of $10.39 and a fifty-two week high of $12.54.

Pioneer Diversified High Income Fund Announces Dividend

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

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.