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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 13,200 shares, a growth of 169.4% from the September 30th total of 4,900 shares. Based on an average trading volume of 40,500 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Pioneer Diversified High Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in Pioneer Diversified High Income Fund by 13.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 162,106 shares of the company’s stock valued at $1,893,000 after acquiring an additional 19,797 shares in the last quarter. Choreo LLC raised its holdings in shares of Pioneer Diversified High Income Fund by 5.1% in the second quarter. Choreo LLC now owns 34,288 shares of the company’s stock valued at $399,000 after purchasing an additional 1,663 shares during the last quarter. Finally, Clear Creek Financial Management LLC lifted its position in shares of Pioneer Diversified High Income Fund by 14.8% in the second quarter. Clear Creek Financial Management LLC now owns 19,270 shares of the company’s stock worth $225,000 after purchasing an additional 2,480 shares in the last quarter.

Pioneer Diversified High Income Fund Stock Performance

Shares of HNW stock opened at $12.34 on Monday. Pioneer Diversified High Income Fund has a 52 week low of $9.80 and a 52 week high of $12.54.

Pioneer Diversified High Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, October 18th will be issued a dividend of $0.0975 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 9.48%.

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.