DoubleLine Income Solutions Fund (NYSE:DSL – Get Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 139,353 shares, a drop of 40.6% from the May 14th total of 234,668 shares. Based on an average trading volume of 488,148 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Trading of DoubleLine Income Solutions Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in DSL. Integrated Wealth Concepts LLC increased its stake in shares of DoubleLine Income Solutions Fund by 34.9% in the first quarter. Integrated Wealth Concepts LLC now owns 46,365 shares of the company’s stock valued at $585,000 after buying an additional 12,007 shares in the last quarter. Jane Street Group LLC increased its stake in shares of DoubleLine Income Solutions Fund by 128.3% in the first quarter. Jane Street Group LLC now owns 37,564 shares of the company’s stock valued at $474,000 after buying an additional 21,111 shares in the last quarter. Invesco Ltd. increased its stake in shares of DoubleLine Income Solutions Fund by 2.6% in the second quarter. Invesco Ltd. now owns 935,733 shares of the company’s stock valued at $11,453,000 after buying an additional 23,669 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of DoubleLine Income Solutions Fund in the second quarter valued at $691,000. Finally, NewEdge Advisors LLC increased its stake in shares of DoubleLine Income Solutions Fund by 1.7% in the second quarter. NewEdge Advisors LLC now owns 176,543 shares of the company’s stock valued at $2,161,000 after buying an additional 2,896 shares in the last quarter.
DoubleLine Income Solutions Fund Price Performance
Shares of NYSE DSL opened at $10.97 on Wednesday. The business has a fifty day moving average of $10.98 and a two-hundred day moving average of $11.15. DoubleLine Income Solutions Fund has a 52-week low of $10.49 and a 52-week high of $12.67.
DoubleLine Income Solutions Fund Announces Dividend
DoubleLine Income Solutions Fund Company Profile
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.
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