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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 12,700 shares, an increase of 16.5% from the January 15th total of 10,900 shares. Based on an average daily volume of 34,200 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Pioneer Diversified High Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Clear Creek Financial Management LLC boosted its holdings in Pioneer Diversified High Income Fund by 8.8% during the 3rd quarter. Clear Creek Financial Management LLC now owns 20,970 shares of the company’s stock valued at $258,000 after acquiring an additional 1,700 shares during the period. Choreo LLC lifted its position in shares of Pioneer Diversified High Income Fund by 27.6% during the fourth quarter. Choreo LLC now owns 25,106 shares of the company’s stock worth $300,000 after purchasing an additional 5,438 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Pioneer Diversified High Income Fund by 137.6% during the fourth quarter. Invesco Ltd. now owns 40,971 shares of the company’s stock valued at $483,000 after purchasing an additional 23,730 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Pioneer Diversified High Income Fund by 7.9% in the fourth quarter. NewEdge Advisors LLC now owns 46,018 shares of the company’s stock worth $543,000 after purchasing an additional 3,358 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Pioneer Diversified High Income Fund by 6.7% in the fourth quarter. Cetera Investment Advisers now owns 50,260 shares of the company’s stock worth $593,000 after purchasing an additional 3,142 shares during the last quarter.

Pioneer Diversified High Income Fund Price Performance

Shares of NYSEAMERICAN HNW traded up $0.04 during trading hours on Monday, hitting $12.08. 20,255 shares of the company traded hands, compared to its average volume of 38,005. Pioneer Diversified High Income Fund has a 12 month low of $11.10 and a 12 month high of $12.54.

Pioneer Diversified High Income Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.10 per share. This is a boost from Pioneer Diversified High Income Fund’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.20 dividend on an annualized basis and a yield of 9.93%.

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.