DoubleLine Yield Opportunities Fund (NYSE:DLY) Short Interest Down 38.2% in December

DoubleLine Yield Opportunities Fund (NYSE:DLY) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 60,812 shares, a decline of 38.2% from the December 15th total of 98,344 shares. Based on an average trading volume of 307,175 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 307,175 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On DoubleLine Yield Opportunities Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of DLY. Royal Bank of Canada raised its position in shares of DoubleLine Yield Opportunities Fund by 12.5% during 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 during the last quarter. Gridiron Partners LLC grew its stake in shares of 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 period. HighTower Advisors LLC increased its holdings in DoubleLine Yield Opportunities Fund by 1.3% in the third quarter. HighTower Advisors LLC now owns 469,509 shares of the company’s stock valued at $7,080,000 after purchasing an additional 6,106 shares during the last quarter. Raymond James Financial Inc. lifted its stake in DoubleLine Yield Opportunities Fund by 8.3% in the third quarter. Raymond James Financial Inc. now owns 340,593 shares of the company’s stock valued at $5,136,000 after buying an additional 26,040 shares during the period. Finally, Shaker Financial Services LLC boosted its holdings in DoubleLine Yield Opportunities Fund by 253.3% during the third 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 during the last quarter.

DoubleLine Yield Opportunities Fund Price Performance

DoubleLine Yield Opportunities Fund stock traded up $0.00 during mid-day trading on Friday, hitting $14.71. The stock had a trading volume of 758,733 shares, compared to its average volume of 273,767. The stock has a 50-day simple moving average of $14.60 and a two-hundred day simple moving average of $15.01. DoubleLine Yield Opportunities Fund has a 12 month low of $13.69 and a 12 month high of $16.38.

DoubleLine Yield Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th will be given a dividend of $0.1167 per share. The ex-dividend date is Wednesday, January 14th. This represents a c) annualized dividend and a dividend yield of 9.5%.

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.