DoubleLine Yield Opportunities Fund (NYSE:DLY) Short Interest Update


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DoubleLine Yield Opportunities Fund (NYSE:DLY) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 29,800 shares, a growth of 25.2% from the March 31st total of 23,800 shares. Based on an average daily volume of 132,300 shares, the days-to-cover ratio is currently 0.2 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Koshinski Asset Management Inc. bought a new position in shares of DoubleLine Yield Opportunities Fund during the fourth quarter valued at about $841,000. Westside Investment Management Inc. bought a new position in shares of DoubleLine Yield Opportunities Fund during the 1st quarter worth approximately $47,850,000. Optimum Investment Advisors lifted its position in shares of DoubleLine Yield Opportunities Fund by 11.3% during the 1st quarter. Optimum Investment Advisors now owns 17,808 shares of the company’s stock worth $341,000 after buying an additional 1,804 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of DoubleLine Yield Opportunities Fund in the first quarter valued at approximately $144,000. Finally, Usca Ria LLC grew its holdings in shares of DoubleLine Yield Opportunities Fund by 5.6% in the first quarter. Usca Ria LLC now owns 93,286 shares of the company’s stock valued at $1,785,000 after acquiring an additional 4,950 shares in the last quarter.

DoubleLine Yield Opportunities Fund stock traded up $0.13 during trading on Tuesday, hitting $19.95. 364,438 shares of the company were exchanged, compared to its average volume of 140,097. The firm has a 50 day simple moving average of $19.34. DoubleLine Yield Opportunities Fund has a 52 week low of $16.51 and a 52 week high of $20.10.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 28th. Shareholders of record on Thursday, May 13th will be issued a dividend of $0.1167 per share. This represents a $1.40 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Wednesday, May 12th.

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