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

DoubleLine Yield Opportunities Fund (NYSE:DLY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 189,900 shares, an increase of 42.6% from the January 31st total of 133,200 shares. Based on an average trading volume of 151,700 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. World Investment Advisors LLC bought a new stake in DoubleLine Yield Opportunities Fund in the third quarter worth $40,941,000. Wells Fargo & Company MN grew its position in DoubleLine Yield Opportunities Fund by 16.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,877,505 shares of the company’s stock valued at $29,721,000 after buying an additional 270,439 shares during the period. Raymond James Financial Inc. bought a new position in shares of DoubleLine Yield Opportunities Fund during the 4th quarter valued at approximately $4,196,000. Maridea Wealth Management LLC bought a new stake in DoubleLine Yield Opportunities Fund in the 4th quarter valued at $1,571,000. Finally, Citadel Advisors LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund during the fourth quarter valued at about $804,000.

DoubleLine Yield Opportunities Fund Price Performance

NYSE:DLY remained flat at $16.10 during trading hours on Wednesday. The company’s stock had a trading volume of 39,964 shares, compared to its average volume of 144,529. The stock has a 50-day moving average of $16.05 and a 200 day moving average of $16.22. DoubleLine Yield Opportunities Fund has a twelve month low of $14.96 and a twelve month high of $16.90.

DoubleLine Yield Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 19th will be paid a $0.1167 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $1.40 dividend on an annualized basis and a yield of 8.70%.

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.