Short Interest in DoubleLine Income Solutions Fund (NYSE:DSL) Increases By 8.7%

DoubleLine Income Solutions Fund (NYSE:DSL) was the recipient of a large increase in short interest in 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 trading volume of 453,600 shares, the short-interest ratio is presently 1.2 days.

DoubleLine Income Solutions Fund Stock Performance

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

DoubleLine Income Solutions Fund Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DSL. Pin Oak Investment Advisors Inc. increased its holdings in DoubleLine Income Solutions Fund by 1.9% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 43,365 shares of the company’s stock worth $562,000 after acquiring an additional 800 shares in the last quarter. GHE LLC increased its stake in shares of DoubleLine Income Solutions Fund by 4.7% in the third quarter. GHE LLC now owns 22,150 shares of the company’s stock worth $275,000 after purchasing an additional 1,000 shares in the last quarter. Fiera Capital Corp raised its position in shares of DoubleLine Income Solutions Fund by 1.5% during the 3rd quarter. Fiera Capital Corp now owns 85,361 shares of the company’s stock valued at $1,108,000 after purchasing an additional 1,285 shares during the period. United Advisor Group LLC boosted its holdings in DoubleLine Income Solutions Fund by 3.2% in the 3rd quarter. United Advisor Group LLC now owns 46,303 shares of the company’s stock worth $601,000 after buying an additional 1,445 shares during the period. Finally, Sage Capital Advisors llc boosted its holdings in DoubleLine Income Solutions Fund by 3.9% in the 3rd quarter. Sage Capital Advisors llc now owns 47,187 shares of the company’s stock worth $612,000 after buying an additional 1,759 shares during the period.

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.