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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 9,100 shares, a drop of 28.3% from the January 31st total of 12,700 shares. Based on an average daily volume of 32,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Pioneer Diversified High Income Fund

A number of hedge funds have recently modified their holdings of the business. Clear Creek Financial Management LLC lifted its position in Pioneer Diversified High Income Fund by 8.8% during the third quarter. Clear Creek Financial Management LLC now owns 20,970 shares of the company’s stock valued at $258,000 after purchasing an additional 1,700 shares in the last quarter. Choreo LLC raised its stake in shares of Pioneer Diversified High Income Fund by 27.6% in the fourth quarter. Choreo LLC now owns 25,106 shares of the company’s stock worth $300,000 after buying an additional 5,438 shares during the period. Invesco Ltd. lifted 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 valued at $483,000 after buying an additional 23,730 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Pioneer Diversified High Income Fund by 7.9% during the 4th quarter. NewEdge Advisors LLC now owns 46,018 shares of the company’s stock valued at $543,000 after acquiring an additional 3,358 shares during the period. Finally, Cetera Investment Advisers increased its holdings in Pioneer Diversified High Income Fund by 6.7% in the 4th quarter. Cetera Investment Advisers now owns 50,260 shares of the company’s stock worth $593,000 after acquiring an additional 3,142 shares in the last quarter.

Pioneer Diversified High Income Fund Price Performance

Shares of HNW traded up $0.02 on Monday, reaching $12.03. The company’s stock had a trading volume of 22,283 shares, compared to its average volume of 35,012. Pioneer Diversified High Income Fund has a 12-month low of $11.11 and a 12-month high of $12.54.

Pioneer Diversified High Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 9.98%. The ex-dividend date was Tuesday, February 18th. This is a boost from Pioneer Diversified High Income Fund’s previous monthly dividend of $0.10.

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.