Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Short Interest Down 40.1% in June

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 165,530 shares, a decrease of 40.1% from the June 15th total of 276,547 shares. Based on an average trading volume of 621,283 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Pimco Dynamic Income Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in PDO. Independent Financial Group LLC increased its holdings in Pimco Dynamic Income Opportunities Fund by 2.9% in the second quarter. Independent Financial Group LLC now owns 125,668 shares of the company’s stock valued at $1,661,000 after buying an additional 3,511 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Pimco Dynamic Income Opportunities Fund by 434.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 179,552 shares of the company’s stock worth $2,388,000 after acquiring an additional 145,963 shares in the last quarter. McAlister Sweet & Associates Inc. purchased a new stake in shares of Pimco Dynamic Income Opportunities Fund during the 2nd quarter worth approximately $133,000. Crumly & Associates Inc. grew its holdings in shares of Pimco Dynamic Income Opportunities Fund by 8.0% in the 2nd quarter. Crumly & Associates Inc. now owns 27,000 shares of the company’s stock worth $357,000 after acquiring an additional 2,000 shares during the period. Finally, Meadowbrook Wealth Management LLC acquired a new stake in shares of Pimco Dynamic Income Opportunities Fund in the 2nd quarter worth approximately $574,000. Hedge funds and other institutional investors own 9.43% of the company’s stock.

Pimco Dynamic Income Opportunities Fund Price Performance

Shares of NYSE PDO traded up $0.01 during trading on Friday, hitting $13.18. 469,725 shares of the company were exchanged, compared to its average volume of 694,411. Pimco Dynamic Income Opportunities Fund has a 1 year low of $12.37 and a 1 year high of $14.25. The firm’s fifty day moving average price is $13.02 and its 200 day moving average price is $13.40.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be paid a $0.1279 dividend. The ex-dividend date is Monday, July 13th. This represents a c) annualized dividend and a dividend yield of 11.6%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is -7,650.00%.

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.