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

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

DoubleLine Income Solutions Fund Price Performance

Shares of NYSE:DSL traded up $0.01 during trading on Monday, hitting $12.55. The company had a trading volume of 315,360 shares, compared to its average volume of 347,515. DoubleLine Income Solutions Fund has a one year low of $11.85 and a one year high of $13.24. The company has a fifty day simple moving average of $12.66 and a two-hundred day simple moving average of $12.73.

DoubleLine Income Solutions Fund Announces Dividend

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

Institutional Investors Weigh In On DoubleLine Income Solutions Fund

Several institutional investors have recently modified their holdings of the stock. SeaCrest Wealth Management LLC bought a new stake in shares of DoubleLine Income Solutions Fund in the 4th quarter valued at approximately $145,000. Garden State Investment Advisory Services LLC bought a new stake in shares of DoubleLine Income Solutions Fund during the 3rd quarter worth approximately $249,000. World Investment Advisors LLC bought a new stake in shares of DoubleLine Income Solutions Fund during the 3rd quarter worth approximately $629,000. XTX Topco Ltd bought a new stake in shares of DoubleLine Income Solutions Fund during the 3rd quarter worth approximately $364,000. Finally, National Bank of Canada FI lifted its stake in shares of DoubleLine Income Solutions Fund by 9.0% during the 3rd quarter. National Bank of Canada FI now owns 103,934 shares of the company’s stock worth $1,349,000 after acquiring an additional 8,599 shares during the last quarter.

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.