DoubleLine Income Solutions Fund (NYSE:DSL) Short Interest Up 10.5% in September

DoubleLine Income Solutions Fund (NYSE:DSL) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 653,900 shares, a growth of 10.5% from the August 31st total of 591,600 shares. Based on an average daily volume of 381,600 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of DoubleLine Income Solutions Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. UBS Group AG grew its position in shares of DoubleLine Income Solutions Fund by 19.6% in the 4th quarter. UBS Group AG now owns 1,197,330 shares of the company’s stock worth $14,655,000 after buying an additional 196,205 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of DoubleLine Income Solutions Fund by 37.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 818,724 shares of the company’s stock worth $10,250,000 after buying an additional 221,407 shares during the period. Stifel Financial Corp grew its position in shares of DoubleLine Income Solutions Fund by 36.0% in the 4th quarter. Stifel Financial Corp now owns 731,466 shares of the company’s stock worth $8,953,000 after buying an additional 193,760 shares during the period. Intellectus Partners LLC grew its position in shares of DoubleLine Income Solutions Fund by 1.9% in the 2nd quarter. Intellectus Partners LLC now owns 376,204 shares of the company’s stock worth $4,710,000 after buying an additional 7,109 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in DoubleLine Income Solutions Fund by 500.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 247,111 shares of the company’s stock valued at $3,138,000 after purchasing an additional 205,923 shares during the last quarter.

DoubleLine Income Solutions Fund Stock Down 0.3 %

NYSE DSL traded down $0.04 during trading on Tuesday, hitting $12.94. The company had a trading volume of 473,737 shares, compared to its average volume of 388,638. DoubleLine Income Solutions Fund has a one year low of $10.22 and a one year high of $13.24. The company’s fifty day moving average is $12.83 and its 200-day moving average is $12.62.

DoubleLine Income Solutions Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 18th were issued a $0.11 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $1.32 annualized dividend and a yield of 10.20%.

About DoubleLine Income Solutions Fund

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.