High Income Securities Fund (NYSE:PCF) Shares Shorted: Short Interest Up 104.2% in September

Posted by Stanley Muller on Oct 14th, 2026

High Income Securities Fund (NYSE:PCF – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 85,149 shares, a growth of 104.2% from the September 15th total of 41,693 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 124,290 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On High Income Securities Fund

Several hedge funds have recently modified their holdings of the business. Saba Capital Management L.P. purchased a new stake in shares of High Income Securities Fund in the 1st quarter worth approximately $983,000. Rivernorth Capital Management LLC increased its holdings in High Income Securities Fund by 95.1% during the first quarter. Rivernorth Capital Management LLC now owns 102,563 shares of the financial services provider’s stock valued at $566,000 after buying an additional 50,003 shares during the period. Tactive Advisors LLC increased its holdings in High Income Securities Fund by 24.8% during the third quarter. Tactive Advisors LLC now owns 26,489 shares of the financial services provider’s stock valued at $137,000 after buying an additional 5,263 shares during the period. Live Oak Private Wealth LLC purchased a new position in High Income Securities Fund during the first quarter valued at approximately $97,000. Finally, Bulldog Investors LLP raised its stake in High Income Securities Fund by 30.4% in the first quarter. Bulldog Investors LLP now owns 13,961 shares of the financial services provider’s stock worth $77,000 after buying an additional 3,256 shares in the last quarter. Hedge funds and other institutional investors own 16.64% of the company’s stock.

High Income Securities Fund Stock Down 0.5%

NYSE:PCF opened at $5.04 on Wednesday. High Income Securities Fund has a 1-year low of $4.95 and a 1-year high of $6.35. The company has a 50-day moving average of $5.34 and a 200 day moving average of $5.47.

High Income Securities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 22nd will be given a dividend of $0.0580 per share. The ex-dividend date of this dividend is Tuesday, December 22nd. This represents a $0.70 dividend on an annualized basis and a yield of 13.8%.

High Income Securities Fund Company Profile

(Get Free Report)

High Income Securities Fund (NYSE: PCF) is a closed-end investment company that seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective. The fund invests in a portfolio of income-producing securities rather than operating a commercial business.

Its investments may include high-yield corporate debt, investment-grade and other fixed-income securities, preferred stocks, common stocks, convertible securities and other income-oriented assets.