Pioneer Diversified High Income Trust (NYSEAMERICAN:HNW) Short Interest Update


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Pioneer Diversified High Income Trust (NYSEAMERICAN:HNW) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 5,800 shares, a drop of 24.7% from the March 31st total of 7,700 shares. Based on an average trading volume of 33,900 shares, the days-to-cover ratio is presently 0.2 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Reby Advisors LLC bought a new position in Pioneer Diversified High Income Trust in the fourth quarter valued at $27,000. FNY Investment Advisers LLC bought a new position in Pioneer Diversified High Income Trust in the fourth quarter valued at $35,000. BOKF NA bought a new position in Pioneer Diversified High Income Trust in the first quarter valued at $192,000. Kovack Advisors Inc. increased its stake in Pioneer Diversified High Income Trust by 9.1% in the fourth quarter. Kovack Advisors Inc. now owns 19,872 shares of the company’s stock valued at $289,000 after acquiring an additional 1,661 shares during the last quarter. Finally, Clear Creek Financial Management LLC bought a new position in Pioneer Diversified High Income Trust in the fourth quarter valued at $366,000.

Pioneer Diversified High Income Trust stock traded up $0.02 during mid-day trading on Tuesday, hitting $15.04. 39,740 shares of the company traded hands, compared to its average volume of 33,446. Pioneer Diversified High Income Trust has a one year low of $10.78 and a one year high of $15.15.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 30th. Stockholders of record on Monday, April 19th were given a dividend of $0.11 per share. This represents a $1.32 annualized dividend and a dividend yield of 8.78%. The ex-dividend date of this dividend was Friday, April 16th.

Pioneer Diversified High Income Trust Company Profile

Pioneer Diversified High Income Trust 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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