Short Interest in DoubleLine Income Solutions Fund (NYSE:DSL) Rises By 8.7%

DoubleLine Income Solutions Fund (NYSE:DSLGet Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 532,500 shares, a growth of 8.7% from the December 31st total of 490,100 shares. Based on an average trading volume of 453,600 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of DoubleLine Income Solutions Fund

Several institutional investors and hedge funds have recently made changes to their positions in DSL. Allworth Financial LP raised its position in shares of DoubleLine Income Solutions Fund by 588.6% during the 3rd quarter. Allworth Financial LP now owns 5,908 shares of the company’s stock worth $77,000 after purchasing an additional 5,050 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of DoubleLine Income Solutions Fund by 29.8% in the third quarter. J.W. Cole Advisors Inc. now owns 39,013 shares of the company’s stock worth $506,000 after acquiring an additional 8,963 shares during the last quarter. Pathway Financial Advisers LLC boosted its stake in shares of DoubleLine Income Solutions Fund by 1,214.9% during the third quarter. Pathway Financial Advisers LLC now owns 8,849 shares of the company’s stock valued at $115,000 after acquiring an additional 8,176 shares during the last quarter. Consolidated Portfolio Review Corp increased its position in DoubleLine Income Solutions Fund by 68.6% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 118,751 shares of the company’s stock worth $1,541,000 after purchasing an additional 48,330 shares in the last quarter. Finally, Calton & Associates Inc. acquired a new position in DoubleLine Income Solutions Fund in the 3rd quarter valued at about $347,000.

DoubleLine Income Solutions Fund Stock Performance

Shares of DoubleLine Income Solutions Fund stock opened at $12.67 on Tuesday. The business has a 50-day moving average of $12.66 and a 200 day moving average of $12.73. DoubleLine Income Solutions Fund has a 12 month low of $11.85 and a 12 month high of $13.24.

DoubleLine Income Solutions Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a dividend of $0.11 per share. This represents a $1.32 annualized dividend and a dividend yield of 10.42%. The ex-dividend date of this dividend was Wednesday, January 15th.

DoubleLine Income Solutions Fund Company Profile

(Get Free Report)

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.

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