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

Pioneer High Income Fund, Inc. (NYSE:PHT) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 30,000 shares, a decrease of 29.1% from the February 13th total of 42,300 shares. Based on an average daily volume of 55,100 shares, the days-to-cover ratio is currently 0.5 days.

Pioneer High Income Fund Trading Up 0.1 %

Shares of PHT traded up $0.01 during trading hours on Monday, hitting $7.61. 77,339 shares of the stock were exchanged, compared to its average volume of 70,408. Pioneer High Income Fund has a fifty-two week low of $7.21 and a fifty-two week high of $8.04. The business has a 50-day moving average of $7.84 and a 200-day moving average of $7.86.

Pioneer High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.055 dividend. This represents a $0.66 annualized dividend and a dividend yield of 8.67%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Investors Weigh In On Pioneer High Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in PHT. Pathstone Holdings LLC boosted its holdings in shares of Pioneer High Income Fund by 22.6% during the 3rd quarter. Pathstone Holdings LLC now owns 1,221,049 shares of the closed-end fund’s stock worth $9,769,000 after buying an additional 224,808 shares in the last quarter. Avior Wealth Management LLC grew its holdings in Pioneer High Income Fund by 27.1% in the third quarter. Avior Wealth Management LLC now owns 12,338 shares of the closed-end fund’s stock worth $99,000 after purchasing an additional 2,632 shares during the period. Advisors Asset Management Inc. increased its stake in Pioneer High Income Fund by 0.9% in the third quarter. Advisors Asset Management Inc. now owns 372,473 shares of the closed-end fund’s stock valued at $2,980,000 after purchasing an additional 3,210 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in shares of Pioneer High Income Fund by 32.9% during the third quarter. Landscape Capital Management L.L.C. now owns 118,074 shares of the closed-end fund’s stock valued at $945,000 after purchasing an additional 29,213 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Pioneer High Income Fund by 14.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 94,470 shares of the closed-end fund’s stock worth $756,000 after purchasing an additional 12,000 shares in the last quarter.

About Pioneer High Income Fund

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.