Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) Sees Significant Increase in Short Interest

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 20,500 shares, an increase of 688.5% from the February 29th total of 2,600 shares. Based on an average trading volume of 25,700 shares, the short-interest ratio is currently 0.8 days.

Pioneer Diversified High Income Fund Stock Performance

NYSEAMERICAN:HNW opened at $11.83 on Thursday. Pioneer Diversified High Income Fund has a one year low of $9.80 and a one year high of $11.92.

Pioneer Diversified High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 15th will be given a $0.09 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 9.13%. The ex-dividend date of this dividend is Thursday, March 14th.

Institutional Investors Weigh In On Pioneer Diversified High Income Fund

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in Pioneer Diversified High Income Fund by 3.3% in the first quarter. NewEdge Advisors LLC now owns 49,400 shares of the company’s stock valued at $636,000 after acquiring an additional 1,567 shares during the last quarter. UBS Group AG boosted its stake in Pioneer Diversified High Income Fund by 54.2% in the third quarter. UBS Group AG now owns 7,749 shares of the company’s stock valued at $80,000 after acquiring an additional 2,724 shares during the last quarter. Worth Asset Management LLC purchased a new position in Pioneer Diversified High Income Fund in the first quarter valued at about $40,000. Guggenheim Capital LLC boosted its stake in Pioneer Diversified High Income Fund by 8.5% in the first quarter. Guggenheim Capital LLC now owns 130,876 shares of the company’s stock valued at $1,684,000 after acquiring an additional 10,229 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. purchased a new position in Pioneer Diversified High Income Fund in the second quarter valued at about $130,000.

About Pioneer Diversified High Income Fund

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.