Pioneer High Income Fund, Inc. (NYSE:PHT) Short Interest Update

Pioneer High Income Fund, Inc. (NYSE:PHT) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 37,000 shares, a decrease of 26.1% from the November 15th total of 50,100 shares. Based on an average trading volume of 70,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Pioneer High Income Fund

Several hedge funds have recently bought and sold shares of PHT. Pathstone Holdings LLC increased its stake in shares of Pioneer High Income Fund by 22.6% in the 3rd quarter. Pathstone Holdings LLC now owns 1,221,049 shares of the closed-end fund’s stock valued at $9,769,000 after purchasing an additional 224,808 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Pioneer High Income Fund in the third quarter valued at approximately $8,177,000. Advisors Asset Management Inc. raised its stake in shares of Pioneer High Income Fund by 0.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 372,473 shares of the closed-end fund’s stock worth $2,980,000 after buying an additional 3,210 shares during the period. Capital Investment Advisors LLC lifted its position in shares of Pioneer High Income Fund by 1.1% during the 3rd quarter. Capital Investment Advisors LLC now owns 171,171 shares of the closed-end fund’s stock valued at $1,369,000 after buying an additional 1,795 shares in the last quarter. Finally, Shaker Financial Services LLC grew its stake in Pioneer High Income Fund by 197.1% in the 2nd quarter. Shaker Financial Services LLC now owns 155,045 shares of the closed-end fund’s stock valued at $1,166,000 after acquiring an additional 102,863 shares during the period.

Pioneer High Income Fund Trading Down 0.1 %

Shares of Pioneer High Income Fund stock traded down $0.01 on Friday, reaching $7.87. 71,651 shares of the stock were exchanged, compared to its average volume of 76,211. The business has a 50 day moving average price of $7.87 and a two-hundred day moving average price of $7.74. Pioneer High Income Fund has a twelve month low of $7.10 and a twelve month high of $8.04.

Pioneer High Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th will be paid a $0.055 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.39%.

About Pioneer High Income Fund

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.