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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 9,100 shares, a decline of 28.3% from the January 31st total of 12,700 shares. Based on an average daily trading volume, of 32,400 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Pioneer Diversified High Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sit Investment Associates Inc. grew its position in Pioneer Diversified High Income Fund by 30.9% during the fourth quarter. Sit Investment Associates Inc. now owns 367,622 shares of the company’s stock valued at $4,338,000 after buying an additional 86,806 shares during the period. Advisors Asset Management Inc. grew its position in shares of Pioneer Diversified High Income Fund by 52.4% during the 4th quarter. Advisors Asset Management Inc. now owns 237,804 shares of the company’s stock valued at $2,806,000 after acquiring an additional 81,742 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Pioneer Diversified High Income Fund by 6.3% during the 4th quarter. Ameriprise Financial Inc. now owns 144,115 shares of the company’s stock worth $1,701,000 after purchasing an additional 8,594 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its holdings in shares of Pioneer Diversified High Income Fund by 7.7% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 109,456 shares of the company’s stock worth $1,292,000 after purchasing an additional 7,856 shares during the period. Finally, Shaker Financial Services LLC lifted its stake in Pioneer Diversified High Income Fund by 55.1% in the third quarter. Shaker Financial Services LLC now owns 106,990 shares of the company’s stock valued at $1,316,000 after purchasing an additional 38,028 shares during the last quarter.

Pioneer Diversified High Income Fund Price Performance

Shares of HNW traded down $0.04 during trading hours on Wednesday, reaching $11.94. 23,519 shares of the stock traded hands, compared to its average volume of 34,553. Pioneer Diversified High Income Fund has a 52 week low of $11.11 and a 52 week high of $12.54. The stock has a fifty day moving average price of $11.85.

Pioneer Diversified High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 10.05%.

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.