Short Interest in Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Decreases By 64.0%

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 99,571 shares, a decline of 64.0% from the April 30th total of 276,281 shares. Based on an average daily volume of 849,344 shares, the short-interest ratio is presently 0.1 days.

Pimco Dynamic Income Opportunities Fund Trading Up 1.1%

Shares of Pimco Dynamic Income Opportunities Fund stock traded up $0.15 during mid-day trading on Friday, reaching $13.15. 493,575 shares of the stock were exchanged, compared to its average volume of 733,045. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $12.37 and a fifty-two week high of $14.25. The firm has a 50-day simple moving average of $13.06 and a 200 day simple moving average of $13.59.

Pimco Dynamic Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be given a dividend of $0.1279 per share. The ex-dividend date is Monday, May 11th. This represents a c) annualized dividend and a yield of 11.7%. Pimco Dynamic Income Opportunities Fund’s dividend payout ratio (DPR) is presently -7,650.00%.

Institutional Investors Weigh In On Pimco Dynamic Income Opportunities Fund

Institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its position in Pimco Dynamic Income Opportunities Fund by 5.1% during the first quarter. Bank of America Corp DE now owns 840,793 shares of the company’s stock worth $10,871,000 after buying an additional 40,810 shares in the last quarter. Rivernorth Capital Management LLC bought a new stake in shares of Pimco Dynamic Income Opportunities Fund during the 1st quarter valued at approximately $1,237,000. Royal Bank of Canada grew its stake in shares of Pimco Dynamic Income Opportunities Fund by 7.0% during the first quarter. Royal Bank of Canada now owns 2,347,194 shares of the company’s stock worth $30,348,000 after buying an additional 152,711 shares during the last quarter. Gateway Wealth Partners LLC acquired a new position in shares of Pimco Dynamic Income Opportunities Fund during the first quarter worth $145,000. Finally, Cetera Investment Advisers grew its position in Pimco Dynamic Income Opportunities Fund by 15.4% during the 1st quarter. Cetera Investment Advisers now owns 195,582 shares of the company’s stock worth $2,529,000 after acquiring an additional 26,136 shares during the last quarter. Institutional investors own 9.43% of the company’s stock.

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.