DoubleLine Yield Opportunities Fund (NYSE:DLY) Short Interest Up 19.8% in February

DoubleLine Yield Opportunities Fund (NYSE:DLY) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 227,500 shares, a growth of 19.8% from the February 13th total of 189,900 shares. Based on an average trading volume of 152,300 shares, the short-interest ratio is presently 1.5 days.

Institutional Trading of DoubleLine Yield Opportunities Fund

A number of hedge funds and other institutional investors have recently modified their holdings of DLY. World Investment Advisors LLC acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the third quarter valued at approximately $40,941,000. Wells Fargo & Company MN increased its holdings in shares of DoubleLine Yield Opportunities Fund by 16.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,877,505 shares of the company’s stock valued at $29,721,000 after purchasing an additional 270,439 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the fourth quarter valued at approximately $4,196,000. Maridea Wealth Management LLC acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the fourth quarter valued at approximately $1,571,000. Finally, Citadel Advisors LLC acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the fourth quarter valued at approximately $804,000.

DoubleLine Yield Opportunities Fund Stock Down 0.3 %

DLY stock traded down $0.05 during mid-day trading on Wednesday, reaching $16.10. 138,008 shares of the stock traded hands, compared to its average volume of 144,963. DoubleLine Yield Opportunities Fund has a 52 week low of $14.96 and a 52 week high of $16.90. The business has a 50-day moving average of $16.10 and a two-hundred day moving average of $16.21.

DoubleLine Yield Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 19th will be issued a $0.1167 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date is Wednesday, March 19th.

About DoubleLine Yield Opportunities Fund

DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.