DoubleLine Yield Opportunities Fund (NYSE:DLY) Short Interest Update

DoubleLine Yield Opportunities Fund (NYSE:DLY) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 305,500 shares, a growth of 155.0% from the October 31st total of 119,800 shares. Based on an average daily volume of 164,500 shares, the short-interest ratio is presently 1.9 days.

DoubleLine Yield Opportunities Fund Price Performance

Shares of DLY stock opened at $16.43 on Friday. The firm has a 50 day moving average of $16.27 and a two-hundred day moving average of $16.09. DoubleLine Yield Opportunities Fund has a 52 week low of $14.33 and a 52 week high of $16.90.

DoubleLine Yield Opportunities Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.1167 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.40 annualized dividend and a yield of 8.52%.

Institutional Trading of DoubleLine Yield Opportunities Fund

Large investors have recently made changes to their positions in the company. Creekside Partners lifted its holdings in DoubleLine Yield Opportunities Fund by 0.6% during the 3rd quarter. Creekside Partners now owns 113,219 shares of the company’s stock worth $1,878,000 after buying an additional 623 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in DoubleLine Yield Opportunities Fund by 4.6% in the third quarter. Moors & Cabot Inc. now owns 22,800 shares of the company’s stock valued at $378,000 after purchasing an additional 1,000 shares in the last quarter. FSA Wealth Management LLC purchased a new position in DoubleLine Yield Opportunities Fund in the third quarter valued at approximately $26,000. Shaker Financial Services LLC raised its holdings in DoubleLine Yield Opportunities Fund by 15.8% during the second quarter. Shaker Financial Services LLC now owns 13,431 shares of the company’s stock worth $212,000 after purchasing an additional 1,831 shares in the last quarter. Finally, Asset Dedication LLC purchased a new stake in shares of DoubleLine Yield Opportunities Fund during the 2nd quarter worth approximately $31,000.

DoubleLine Yield Opportunities Fund Company Profile

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.