DoubleLine Income Solutions Fund (NYSE:DSL) Short Interest Update

DoubleLine Income Solutions Fund (NYSE:DSL) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 75,302 shares, a decline of 38.0% from the July 30th total of 121,536 shares. Based on an average trading volume of 441,893 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of DoubleLine Income Solutions Fund

A number of institutional investors have recently made changes to their positions in DSL. CoreCap Advisors LLC bought a new position in shares of DoubleLine Income Solutions Fund in the second quarter valued at approximately $28,000. Allworth Financial LP acquired a new stake in DoubleLine Income Solutions Fund in the second quarter worth approximately $32,000. BOK Financial Private Wealth Inc. acquired a new stake in DoubleLine Income Solutions Fund in the second quarter worth approximately $67,000. Advisory Services Network LLC acquired a new stake in DoubleLine Income Solutions Fund in the third quarter worth approximately $86,000. Finally, Pinnacle Family Advisors LLC bought a new position in DoubleLine Income Solutions Fund during the 2nd quarter valued at $119,000.

DoubleLine Income Solutions Fund Trading Down 0.2%

Shares of NYSE:DSL traded down $0.02 on Wednesday, hitting $10.56. The company’s stock had a trading volume of 199,421 shares, compared to its average volume of 565,412. DoubleLine Income Solutions Fund has a 12 month low of $10.49 and a 12 month high of $12.67. The stock’s 50-day moving average is $10.77 and its two-hundred day moving average is $10.93.

DoubleLine Income Solutions Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a c) annualized dividend and a yield of 12.5%.

About DoubleLine Income Solutions Fund

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.