Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Short Interest Down 33.0% in May

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 23,400 shares, a decline of 33.0% from the April 30th total of 34,900 shares. Based on an average daily volume of 30,500 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Pioneer Diversified High Income Fund

Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. raised its holdings in Pioneer Diversified High Income Fund by 0.5% during the first quarter. Advisors Asset Management Inc. now owns 239,094 shares of the company’s stock worth $2,855,000 after buying an additional 1,290 shares during the last quarter. Sit Investment Associates Inc. boosted its stake in Pioneer Diversified High Income Fund by 0.5% during the 1st quarter. Sit Investment Associates Inc. now owns 369,314 shares of the company’s stock valued at $4,410,000 after purchasing an additional 1,692 shares during the last quarter. Invesco Ltd. boosted its stake in Pioneer Diversified High Income Fund by 54.6% during the 1st quarter. Invesco Ltd. now owns 63,324 shares of the company’s stock valued at $756,000 after purchasing an additional 22,353 shares during the last quarter. Shaker Financial Services LLC boosted its stake in Pioneer Diversified High Income Fund by 20.3% during the 1st quarter. Shaker Financial Services LLC now owns 72,607 shares of the company’s stock valued at $867,000 after purchasing an additional 12,243 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Pioneer Diversified High Income Fund by 15.6% during the 1st quarter. Cetera Investment Advisers now owns 58,108 shares of the company’s stock valued at $694,000 after purchasing an additional 7,848 shares during the last quarter.

Pioneer Diversified High Income Fund Stock Performance

Shares of NYSEAMERICAN HNW opened at $12.25 on Tuesday. Pioneer Diversified High Income Fund has a 52-week low of $10.58 and a 52-week high of $12.54. The company’s 50 day moving average price is $11.80 and its 200-day moving average price is $11.76.

Pioneer Diversified High Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a $0.10 dividend. The ex-dividend date was Friday, May 16th. This represents a $1.20 annualized dividend and a dividend yield of 9.80%.

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.