DoubleLine Income Solutions Fund (NYSE:DSL) Short Interest Update

DoubleLine Income Solutions Fund (NYSE:DSL) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 120,744 shares, a decrease of 60.0% from the April 15th total of 302,075 shares. Based on an average trading volume of 465,312 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On DoubleLine Income Solutions Fund

Several institutional investors have recently bought and sold shares of DSL. Eastern Bank purchased a new stake in DoubleLine Income Solutions Fund during the 3rd quarter valued at about $37,000. Advisory Services Network LLC bought a new position in DoubleLine Income Solutions Fund during the 3rd quarter valued at approximately $86,000. Blue Trust Inc. bought a new position in DoubleLine Income Solutions Fund during the 4th quarter valued at approximately $89,000. Transcend Capital Advisors LLC bought a new position in DoubleLine Income Solutions Fund during the 4th quarter valued at approximately $120,000. Finally, CIBC Bancorp USA Inc. bought a new position in DoubleLine Income Solutions Fund during the 3rd quarter valued at approximately $123,000.

DoubleLine Income Solutions Fund Trading Down 0.7%

DSL stock traded down $0.08 during trading on Thursday, hitting $10.89. 233,804 shares of the company traded hands, compared to its average volume of 601,169. DoubleLine Income Solutions Fund has a 1 year low of $10.49 and a 1 year high of $12.67. The company has a 50-day moving average of $10.98 and a 200-day moving average of $11.25.

DoubleLine Income Solutions Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Wednesday, May 13th will be issued a dividend of $0.11 per share. The ex-dividend date is Wednesday, May 13th. This represents a c) annualized dividend and a yield of 12.1%.

About DoubleLine Income Solutions Fund

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.