Pioneer High Income Fund, Inc. (NYSE:PHT) Short Interest Update

Pioneer High Income Fund, Inc. (NYSE:PHTGet Rating) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 7,600 shares, a decrease of 57.8% from the April 15th total of 18,000 shares. Based on an average trading volume of 87,200 shares, the short-interest ratio is currently 0.1 days.

Pioneer High Income Fund stock traded up $0.02 during trading hours on Friday, hitting $7.17. The stock had a trading volume of 131,433 shares, compared to its average volume of 92,745. The company has a 50-day moving average of $7.85 and a two-hundred day moving average of $8.79. Pioneer High Income Fund has a fifty-two week low of $7.12 and a fifty-two week high of $11.22.

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Shareholders of record on Wednesday, May 18th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, May 17th. This represents a $0.75 annualized dividend and a yield of 10.46%.

A number of institutional investors have recently bought and sold shares of the business. Shaker Financial Services LLC raised its holdings in shares of Pioneer High Income Fund by 261.9% in the 1st quarter. Shaker Financial Services LLC now owns 310,262 shares of the closed-end fund’s stock worth $2,519,000 after buying an additional 224,528 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Pioneer High Income Fund in the 1st quarter worth approximately $1,630,000. Vident Investment Advisory LLC acquired a new position in shares of Pioneer High Income Fund in the 4th quarter worth approximately $1,629,000. Flagship Harbor Advisors LLC raised its holdings in shares of Pioneer High Income Fund by 32.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 592,657 shares of the closed-end fund’s stock worth $5,749,000 after buying an additional 143,595 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Pioneer High Income Fund in the 1st quarter worth approximately $1,162,000.

Pioneer High Income Fund Company Profile (Get Rating)

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.

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