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

DoubleLine Yield Opportunities Fund (NYSE:DLY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 312,400 shares, a decline of 17.0% from the November 30th total of 376,500 shares. Based on an average daily trading volume, of 178,000 shares, the short-interest ratio is currently 1.8 days.

DoubleLine Yield Opportunities Fund Price Performance

NYSE:DLY traded up $0.06 during trading hours on Tuesday, hitting $15.83. 251,811 shares of the stock traded hands, compared to its average volume of 164,008. The stock has a 50 day moving average price of $16.17 and a 200 day moving average price of $16.17. DoubleLine Yield Opportunities Fund has a 1 year low of $14.57 and a 1 year high of $16.90.

DoubleLine Yield Opportunities Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Wednesday, December 18th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, December 18th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FSA Wealth Management LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund during the third quarter valued at about $26,000. Asset Dedication LLC bought a new position in shares of DoubleLine Yield Opportunities Fund during the 2nd quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. bought a new stake in DoubleLine Yield Opportunities Fund in the second quarter worth $35,000. Westend Capital Management LLC bought a new position in DoubleLine Yield Opportunities Fund during the third quarter valued at $114,000. Finally, Empirical Asset Management LLC bought a new stake in shares of DoubleLine Yield Opportunities Fund in the 3rd quarter worth about $184,000.

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.