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

DoubleLine Yield Opportunities Fund (NYSE:DLY) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 98,344 shares, a growth of 88.7% from the November 30th total of 52,112 shares. Based on an average daily trading volume, of 251,817 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 251,817 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On DoubleLine Yield Opportunities Fund

Several hedge funds have recently made changes to their positions in the business. Gridiron Partners LLC boosted its holdings in DoubleLine Yield Opportunities Fund by 1,843.9% during the third quarter. Gridiron Partners LLC now owns 526,146 shares of the company’s stock worth $79,000 after purchasing an additional 499,080 shares during the last quarter. Shaker Financial Services LLC lifted its position in DoubleLine Yield Opportunities Fund by 253.3% during the 3rd quarter. Shaker Financial Services LLC now owns 294,710 shares of the company’s stock worth $4,444,000 after buying an additional 211,297 shares in the last quarter. Readystate Asset Management LP lifted its position in DoubleLine Yield Opportunities Fund by 188.4% during the 3rd quarter. Readystate Asset Management LP now owns 227,532 shares of the company’s stock worth $3,431,000 after buying an additional 148,639 shares in the last quarter. Pettinga Financial Advisors LLC acquired a new position in shares of DoubleLine Yield Opportunities Fund during the 3rd quarter worth about $2,101,000. Finally, Royal Bank of Canada grew its holdings in shares of DoubleLine Yield Opportunities Fund by 12.5% in the 1st quarter. Royal Bank of Canada now owns 579,578 shares of the company’s stock valued at $9,331,000 after acquiring an additional 64,369 shares in the last quarter.

DoubleLine Yield Opportunities Fund Trading Up 0.4%

Shares of NYSE:DLY traded up $0.06 during midday trading on Friday, reaching $14.55. 448,061 shares of the company were exchanged, compared to its average volume of 187,952. DoubleLine Yield Opportunities Fund has a fifty-two week low of $13.69 and a fifty-two week high of $16.38. The stock has a fifty day simple moving average of $14.62 and a two-hundred day simple moving average of $15.11.

DoubleLine Yield Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be given a dividend of $0.1167 per share. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend is Wednesday, December 17th.

DoubleLine Yield Opportunities Fund Company Profile

DoubleLine Yield Opportunities Fund (NYSE: DLY) is an actively managed closed-end interval fund designed to deliver total return through a diversified portfolio of fixed income securities. Since its introduction in mid-2021, the fund has sought to generate income and capital appreciation by investing across a broad spectrum of credit markets, including corporate debt, asset-backed and mortgage-backed securities, emerging markets debt, and other income-oriented instruments.

The fund’s primary investment strategy emphasizes rigorous credit analysis and sector diversification.