DoubleLine Yield Opportunities Fund (NYSE:DLY) Short Interest Up 88.7% in December

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

Institutional Trading of DoubleLine Yield Opportunities Fund

A number of hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. grew its stake in DoubleLine Yield Opportunities Fund by 2.9% in the 1st quarter. Raymond James Financial Inc. now owns 272,807 shares of the company’s stock valued at $4,392,000 after buying an additional 7,770 shares during the last quarter. Comerica Bank boosted its holdings in shares of DoubleLine Yield Opportunities Fund by 93.7% during the first quarter. Comerica Bank now owns 29,769 shares of the company’s stock worth $479,000 after acquiring an additional 14,404 shares during the period. Royal Bank of Canada boosted its holdings in shares of DoubleLine Yield Opportunities Fund by 12.5% during the first quarter. Royal Bank of Canada now owns 579,578 shares of the company’s stock worth $9,331,000 after acquiring an additional 64,369 shares during the period. NewEdge Advisors LLC grew its position in shares of DoubleLine Yield Opportunities Fund by 18.5% in the first quarter. NewEdge Advisors LLC now owns 35,150 shares of the company’s stock valued at $566,000 after purchasing an additional 5,500 shares during the last quarter. Finally, Maridea Wealth Management LLC increased its stake in shares of DoubleLine Yield Opportunities Fund by 3.8% during the second quarter. Maridea Wealth Management LLC now owns 106,589 shares of the company’s stock worth $1,662,000 after purchasing an additional 3,913 shares during the period.

DoubleLine Yield Opportunities Fund Stock Up 0.4%

Shares of DLY stock traded up $0.06 on Friday, reaching $14.55. The stock had a trading volume of 448,061 shares, compared to its average volume of 187,952. DoubleLine Yield Opportunities Fund has a 12 month low of $13.69 and a 12 month high of $16.38. The firm’s 50-day moving average is $14.62 and its two-hundred day moving average is $15.11.

DoubleLine Yield Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th will be paid a $0.1167 dividend. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Wednesday, December 17th.

About DoubleLine Yield Opportunities Fund

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.