PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Short Interest Update

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 21,200 shares, anincreaseof143.7% from the June 30th total of 8,700 shares. Based on an average daily trading volume, of 85,800 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 85,800 shares, the short-interest ratio is currently 0.2 days.

Insider Activity

In other PIMCO Dynamic Income Strategy Fund news, Director Kathleen Ann Mccartney bought 4,032 shares of the business’s stock in a transaction dated Monday, July 7th. The stock was acquired at an average cost of $24.78 per share, with a total value of $99,912.96. Following the purchase, the director owned 4,032 shares in the company, valued at approximately $99,912.96. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PDX. Raymond James Financial Inc. purchased a new position in shares of PIMCO Dynamic Income Strategy Fund during the 4th quarter worth $452,000. Wells Fargo & Company MN boosted its holdings in PIMCO Dynamic Income Strategy Fund by 605.6% in the fourth quarter. Wells Fargo & Company MN now owns 391,068 shares of the company’s stock valued at $10,219,000 after acquiring an additional 335,644 shares during the last quarter. Cohen & Steers Inc. boosted its holdings in PIMCO Dynamic Income Strategy Fund by 5.4% in the fourth quarter. Cohen & Steers Inc. now owns 1,166,776 shares of the company’s stock valued at $30,488,000 after acquiring an additional 60,000 shares during the last quarter. Walleye Capital LLC boosted its holdings in PIMCO Dynamic Income Strategy Fund by 1,162.4% in the fourth quarter. Walleye Capital LLC now owns 272,714 shares of the company’s stock valued at $7,126,000 after acquiring an additional 251,111 shares during the last quarter. Finally, Harraden Circle Investments LLC acquired a new position in PIMCO Dynamic Income Strategy Fund in the fourth quarter valued at $2,939,000.

PIMCO Dynamic Income Strategy Fund Stock Performance

PDX opened at $24.55 on Thursday. The stock’s 50 day simple moving average is $24.50 and its 200 day simple moving average is $23.91. PIMCO Dynamic Income Strategy Fund has a 1-year low of $19.26 and a 1-year high of $32.88.

PIMCO Dynamic Income Strategy Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a dividend of $0.1334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Monday, August 11th.