Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Short Interest Update

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,200 shares, an increase of 169.4% from the September 30th total of 4,900 shares. Based on an average daily volume of 40,500 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in Pioneer Diversified High Income Fund by 13.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 162,106 shares of the company’s stock worth $1,893,000 after acquiring an additional 19,797 shares during the period. Choreo LLC raised its stake in shares of Pioneer Diversified High Income Fund by 5.1% during the second quarter. Choreo LLC now owns 34,288 shares of the company’s stock valued at $399,000 after purchasing an additional 1,663 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its holdings in Pioneer Diversified High Income Fund by 14.8% in the second quarter. Clear Creek Financial Management LLC now owns 19,270 shares of the company’s stock worth $225,000 after purchasing an additional 2,480 shares during the period.

Pioneer Diversified High Income Fund Price Performance

Shares of HNW traded up $0.05 during midday trading on Friday, hitting $12.34. 10,728 shares of the stock traded hands, compared to its average volume of 28,322. Pioneer Diversified High Income Fund has a 1-year low of $9.80 and a 1-year high of $12.54.

Pioneer Diversified High Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 18th will be paid a dividend of $0.0975 per share. This represents a $1.17 dividend on an annualized basis and a yield of 9.48%. The ex-dividend date of this dividend is Friday, October 18th.

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.