DoubleLine Income Solutions Fund (NYSE:DSL) Short Interest Update

DoubleLine Income Solutions Fund (NYSE:DSL) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 532,500 shares, a growth of 8.7% from the December 15th total of 490,100 shares. Based on an average daily volume of 453,600 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the 3rd quarter valued at $2,138,000. Trinity Legacy Partners LLC increased its holdings in shares of DoubleLine Income Solutions Fund by 61.0% in the 3rd quarter. Trinity Legacy Partners LLC now owns 282,462 shares of the company’s stock valued at $3,644,000 after acquiring an additional 107,032 shares during the period. Intellectus Partners LLC increased its holdings in shares of DoubleLine Income Solutions Fund by 18.8% in the 3rd quarter. Intellectus Partners LLC now owns 446,837 shares of the company’s stock valued at $5,800,000 after acquiring an additional 70,633 shares during the period. Verition Fund Management LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the 3rd quarter valued at $675,000. Finally, World Investment Advisors LLC purchased a new position in shares of DoubleLine Income Solutions Fund in the 3rd quarter valued at $629,000.

DoubleLine Income Solutions Fund Trading Up 0.0 %

DSL traded up $0.01 during trading on Monday, hitting $12.55. 315,360 shares of the stock were exchanged, compared to its average volume of 347,515. The firm has a 50 day simple moving average of $12.66 and a 200 day simple moving average of $12.73. DoubleLine Income Solutions Fund has a 1 year low of $11.85 and a 1 year high of $13.24.

DoubleLine Income Solutions Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.32 annualized dividend and a yield of 10.52%.

About DoubleLine Income Solutions Fund

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.