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

DoubleLine Yield Opportunities Fund (NYSE:DLY) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 125,302 shares, a growth of 106.0% from the December 31st total of 60,812 shares. Based on an average daily volume of 225,319 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 225,319 shares, the short-interest ratio is presently 0.6 days.

DoubleLine Yield Opportunities Fund Stock Performance

Shares of NYSE DLY opened at $14.83 on Friday. DoubleLine Yield Opportunities Fund has a 52-week low of $13.69 and a 52-week high of $16.38. The stock’s fifty day simple moving average is $14.63 and its 200 day simple moving average is $14.97.

DoubleLine Yield Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were paid a $0.1167 dividend. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date was Wednesday, January 14th.

Institutional Trading of DoubleLine Yield Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC acquired a new position in DoubleLine Yield Opportunities Fund during the second quarter valued at approximately $294,000. Journey Strategic Wealth LLC boosted its holdings in shares of DoubleLine Yield Opportunities Fund by 6.7% during the 2nd quarter. Journey Strategic Wealth LLC now owns 37,561 shares of the company’s stock worth $586,000 after buying an additional 2,365 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in DoubleLine Yield Opportunities Fund by 2.5% in the 2nd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 67,358 shares of the company’s stock valued at $1,050,000 after buying an additional 1,638 shares during the last quarter. Calamos Advisors LLC acquired a new position in DoubleLine Yield Opportunities Fund during the 2nd quarter worth $316,000. Finally, Wedbush Securities Inc. lifted its position in DoubleLine Yield Opportunities Fund by 8.0% during the 2nd quarter. Wedbush Securities Inc. now owns 120,468 shares of the company’s stock worth $1,878,000 after acquiring an additional 8,960 shares during the last quarter.

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.