DoubleLine Income Solutions Fund (NYSE:DSL) Short Interest Up 8.7% in December

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

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of DoubleLine Income Solutions Fund in the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC bought a new stake in DoubleLine Income Solutions Fund in the second quarter worth $51,000. Allworth Financial LP boosted its stake 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 worth $77,000 after buying an additional 5,050 shares during the period. Grove Bank & Trust bought a new position in DoubleLine Income Solutions Fund during the third quarter valued at $104,000. Finally, Pathway Financial Advisers LLC raised its stake in shares of DoubleLine Income Solutions Fund by 1,214.9% in 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 period.

DoubleLine Income Solutions Fund Trading Up 0.0 %

NYSE DSL opened at $12.55 on Tuesday. The stock has a 50 day moving average price of $12.66 and a 200-day moving average price of $12.73. DoubleLine Income Solutions Fund has a one year low of $11.85 and a one year high of $13.24.

DoubleLine Income Solutions Fund Announces Dividend

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

DoubleLine Income Solutions Fund Company Profile

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.