DoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 273,300 shares, a growth of 8.4% from the September 15th total of 252,200 shares. Based on an average trading volume of 138,000 shares, the days-to-cover ratio is currently 2.0 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of DLY. Asset Dedication LLC purchased a new stake in DoubleLine Yield Opportunities Fund during the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of DoubleLine Yield Opportunities Fund during the 2nd quarter valued at $35,000. Westend Capital Management LLC acquired a new stake in shares of DoubleLine Yield Opportunities Fund in the 3rd quarter worth $114,000. Wealthcare Advisory Partners LLC purchased a new position in DoubleLine Yield Opportunities Fund during the 1st quarter worth $164,000. Finally, Hartline Investment Corp acquired a new position in DoubleLine Yield Opportunities Fund during the 1st quarter valued at about $166,000.
DoubleLine Yield Opportunities Fund Price Performance
DLY stock traded down $0.14 during trading on Thursday, reaching $16.29. 95,095 shares of the company traded hands, compared to its average volume of 152,527. The business has a 50 day simple moving average of $16.43 and a 200 day simple moving average of $15.95. DoubleLine Yield Opportunities Fund has a 12 month low of $13.58 and a 12 month high of $16.90.
DoubleLine Yield Opportunities Fund Dividend Announcement
About DoubleLine Yield Opportunities Fund
DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.
The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.
The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.
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