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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) saw a large growth in short interest in the month of 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 Price Performance

Shares of HNW traded up $0.04 during mid-day trading on Friday, hitting $11.94. The company’s stock had a trading volume of 14,650 shares, compared to its average volume of 30,039. The business has a 50-day moving average of $11.90. Pioneer Diversified High Income Fund has a 1-year low of $11.11 and a 1-year high of $12.54.

Pioneer Diversified High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.05%.

Institutional Trading of Pioneer Diversified High Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Clear Creek Financial Management LLC increased its holdings in Pioneer Diversified High Income Fund by 8.5% during the 4th 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 in the last quarter. Choreo LLC increased its stake 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 worth $300,000 after purchasing an additional 5,438 shares in the last quarter. Invesco Ltd. raised its position in shares of Pioneer Diversified High Income Fund by 137.6% during the 4th quarter. Invesco Ltd. now owns 40,971 shares of the company’s stock worth $483,000 after purchasing an additional 23,730 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Pioneer Diversified High Income Fund by 7.9% in the 4th quarter. NewEdge Advisors LLC now owns 46,018 shares of the company’s stock valued at $543,000 after buying an additional 3,358 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Pioneer Diversified High Income Fund by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 50,260 shares of the company’s stock valued at $593,000 after buying an additional 3,142 shares during the last quarter.

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.