Short Interest in Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Rises By 133.0%

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNWGet Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 24,700 shares, a growth of 133.0% from the February 28th total of 10,600 shares. Based on an average daily volume of 32,300 shares, the short-interest ratio is currently 0.8 days.

Pioneer Diversified High Income Fund Trading Up 0.3 %

NYSEAMERICAN HNW traded up $0.04 during trading on Friday, reaching $11.94. 14,650 shares of the company’s stock were exchanged, compared to its average volume of 30,039. Pioneer Diversified High Income Fund has a fifty-two week low of $11.11 and a fifty-two week high of $12.54. The stock has a fifty day moving average price of $11.90.

Pioneer Diversified High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 10.05%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Clear Creek Financial Management LLC lifted its stake in Pioneer Diversified High Income Fund by 8.5% in the fourth quarter. Clear Creek Financial Management LLC now owns 22,758 shares of the company’s stock valued at $269,000 after acquiring an additional 1,788 shares during the last quarter. Choreo LLC raised its holdings in shares of Pioneer Diversified High Income Fund by 27.6% during the 4th quarter. Choreo LLC now owns 25,106 shares of the company’s stock valued at $300,000 after purchasing an additional 5,438 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Pioneer Diversified High Income Fund in the 4th quarter valued at $638,000. Advisors Asset Management Inc. boosted its holdings in Pioneer Diversified High Income Fund by 52.4% in the fourth quarter. Advisors Asset Management Inc. now owns 237,804 shares of the company’s stock worth $2,806,000 after purchasing an additional 81,742 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. increased its position in Pioneer Diversified High Income Fund by 7.7% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 109,456 shares of the company’s stock worth $1,292,000 after buying an additional 7,856 shares during the last quarter.

About Pioneer Diversified High Income Fund

(Get Free Report)

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.

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