Short Interest in DoubleLine Income Solutions Fund (NYSE:DSL) Rises By 32.3%

DoubleLine Income Solutions Fund (NYSE:DSL) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 591,600 shares, a growth of 32.3% from the October 31st total of 447,100 shares. Based on an average daily volume of 430,600 shares, the short-interest ratio is currently 1.4 days.

Hedge Funds Weigh In On DoubleLine Income Solutions Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. National Bank of Canada FI lifted its holdings in shares of DoubleLine Income Solutions Fund by 4.5% during the 2nd quarter. National Bank of Canada FI now owns 95,335 shares of the company’s stock worth $1,201,000 after acquiring an additional 4,085 shares during the period. Dorsey & Whitney Trust CO LLC lifted its holdings in DoubleLine Income Solutions Fund by 8.0% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 12,150 shares of the company’s stock valued at $152,000 after purchasing an additional 900 shares during the last quarter. Sykon Capital LLC bought a new position in DoubleLine Income Solutions Fund during the 2nd quarter valued at about $125,000. Wedbush Securities Inc. lifted its holdings in DoubleLine Income Solutions Fund by 60.7% during the 2nd quarter. Wedbush Securities Inc. now owns 71,735 shares of the company’s stock valued at $898,000 after purchasing an additional 27,104 shares during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in DoubleLine Income Solutions Fund during the 2nd quarter valued at about $221,000.

DoubleLine Income Solutions Fund Stock Performance

NYSE DSL traded up $0.04 during midday trading on Friday, hitting $12.80. The company had a trading volume of 271,413 shares, compared to its average volume of 401,158. The firm has a fifty day simple moving average of $12.74 and a two-hundred day simple moving average of $12.70. DoubleLine Income Solutions Fund has a fifty-two week low of $11.79 and a fifty-two week high of $13.24.

DoubleLine Income Solutions Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.31%. The ex-dividend date was Wednesday, November 13th.

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.