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

Pioneer Diversified High Income Fund, Inc. (NYSEAMERICAN:HNW) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 39,200 shares, a growth of 154.5% from the March 31st total of 15,400 shares. Based on an average trading volume of 33,300 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sit Investment Associates Inc. grew its position in shares of Pioneer Diversified High Income Fund by 30.9% during the fourth quarter. Sit Investment Associates Inc. now owns 367,622 shares of the company’s stock worth $4,338,000 after buying an additional 86,806 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Pioneer Diversified High Income Fund by 52.4% during the 4th quarter. Advisors Asset Management Inc. now owns 237,804 shares of the company’s stock worth $2,806,000 after acquiring an additional 81,742 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Pioneer Diversified High Income Fund by 6.3% in the 4th quarter. Ameriprise Financial Inc. now owns 144,115 shares of the company’s stock valued at $1,701,000 after purchasing an additional 8,594 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its holdings in shares of Pioneer Diversified High Income Fund by 7.7% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 109,456 shares of the company’s stock valued at $1,292,000 after purchasing an additional 7,856 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Pioneer Diversified High Income Fund during the 4th quarter worth $638,000.

Pioneer Diversified High Income Fund Price Performance

Shares of HNW stock traded up $0.05 on Monday, hitting $11.72. The stock had a trading volume of 6,582 shares, compared to its average volume of 30,919. The company’s 50 day moving average price is $11.75 and its 200-day moving average price is $11.68. Pioneer Diversified High Income Fund has a 1 year low of $10.19 and a 1 year high of $12.54.

Pioneer Diversified High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.20 annualized dividend and a dividend yield of 10.24%.

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.