PIMCO Dynamic Income Fund (NYSE:PDI) Short Interest Update

PIMCO Dynamic Income Fund (NYSE:PDI) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 53,321 shares, a decrease of 90.9% from the December 15th total of 584,753 shares. Based on an average daily volume of 3,182,548 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 3,182,548 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On PIMCO Dynamic Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC raised its position in shares of PIMCO Dynamic Income Fund by 199,738.8% during the second quarter. Kingstone Capital Partners Texas LLC now owns 22,407,926 shares of the company’s stock worth $428,429,000 after purchasing an additional 22,396,713 shares during the period. Gridiron Partners LLC acquired a new position in PIMCO Dynamic Income Fund in the 3rd quarter valued at $66,907,000. Bank of America Corp DE raised its holdings in PIMCO Dynamic Income Fund by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 3,068,594 shares of the company’s stock valued at $58,211,000 after acquiring an additional 165,389 shares in the last quarter. UBS Group AG increased its stake in shares of PIMCO Dynamic Income Fund by 2.3% in the 3rd quarter. UBS Group AG now owns 1,758,095 shares of the company’s stock valued at $34,810,000 after purchasing an additional 38,875 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in shares of PIMCO Dynamic Income Fund by 6.0% during the third quarter. J.W. Cole Advisors Inc. now owns 1,568,964 shares of the company’s stock worth $31,065,000 after buying an additional 89,505 shares during the last quarter.

PIMCO Dynamic Income Fund Stock Up 0.0%

PIMCO Dynamic Income Fund stock traded up $0.01 during trading on Wednesday, reaching $18.09. 2,195,930 shares of the company’s stock were exchanged, compared to its average volume of 3,215,492. The company’s 50-day moving average is $17.94 and its two-hundred day moving average is $18.81. PIMCO Dynamic Income Fund has a 52-week low of $16.00 and a 52-week high of $20.17.

PIMCO Dynamic Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Tuesday, January 13th will be given a $0.2205 dividend. The ex-dividend date is Tuesday, January 13th. This represents a c) annualized dividend and a yield of 14.6%.

About PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (NYSE: PDI) is a closed-end management investment company advised by Pacific Investment Management Company LLC (“PIMCO”), one of the world’s largest fixed-income asset managers. Listed on the New York Stock Exchange, PDI seeks to deliver attractive monthly income and capital appreciation by allocating across a broad array of global fixed-income markets.

The fund employs a dynamic, multi-sector approach, investing in a diversified mix of investment-grade and high-yield corporate bonds, bank loans, emerging-market debt, mortgage- and asset-backed securities, and U.S.