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

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

Institutional Trading of DoubleLine Yield Opportunities Fund

Several large investors have recently modified their holdings of DLY. Gridiron Partners LLC lifted its position in shares of DoubleLine Yield Opportunities Fund by 1,843.9% during the 3rd quarter. Gridiron Partners LLC now owns 526,146 shares of the company’s stock valued at $79,000 after acquiring an additional 499,080 shares during the period. Shaker Financial Services LLC raised its holdings in shares of 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 valued at $4,444,000 after purchasing an additional 211,297 shares during the period. Readystate Asset Management LP raised its holdings in shares of DoubleLine Yield Opportunities Fund by 188.4% during the third quarter. Readystate Asset Management LP now owns 227,532 shares of the company’s stock valued at $3,431,000 after purchasing an additional 148,639 shares during the period. Pettinga Financial Advisors LLC bought a new position in shares of DoubleLine Yield Opportunities Fund during the 3rd quarter worth about $2,101,000. Finally, Rareview Capital LLC acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the 4th quarter valued at about $1,932,000.

DoubleLine Yield Opportunities Fund Price Performance

DLY stock opened at $14.83 on Friday. The stock has a 50-day moving average price of $14.63 and a 200-day moving average price of $14.97. DoubleLine Yield Opportunities Fund has a 1-year low of $13.69 and a 1-year high of $16.38.

DoubleLine Yield Opportunities Fund Announces Dividend

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

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.