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

DoubleLine Income Solutions Fund (NYSE:DSL) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 657,900 shares, a growth of 6.4% from the September 30th total of 618,400 shares. Based on an average trading volume of 361,600 shares, the short-interest ratio is currently 1.8 days.

Institutional Investors Weigh In On DoubleLine Income Solutions Fund

Several hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of DoubleLine Income Solutions Fund during the 3rd quarter worth about $29,000. EverSource Wealth Advisors LLC bought a new position in DoubleLine Income Solutions Fund in the 2nd quarter valued at about $51,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of DoubleLine Income Solutions Fund in the 2nd quarter valued at approximately $68,000. Allworth Financial LP raised its position in DoubleLine Income Solutions Fund by 588.6% during the third quarter. Allworth Financial LP now owns 5,908 shares of the company’s stock valued at $77,000 after purchasing an additional 5,050 shares in the last quarter. Finally, Grove Bank & Trust bought a new stake in shares of DoubleLine Income Solutions Fund during the 3rd quarter worth $104,000.

DoubleLine Income Solutions Fund Stock Up 1.3 %

Shares of DSL stock traded up $0.16 during trading hours on Friday, hitting $12.71. 991,750 shares of the company were exchanged, compared to its average volume of 395,291. DoubleLine Income Solutions Fund has a 52 week low of $11.24 and a 52 week high of $13.24. The business has a 50 day moving average of $12.86 and a two-hundred day moving average of $12.64.

DoubleLine Income Solutions Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were given a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date was Wednesday, October 16th.

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.