Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Update

Posted by John. R. Edwardson on Mar 29th, 2024

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 60,900 shares, a growth of 458.7% from the February 29th total of 10,900 shares. Based on an average daily trading volume, of 75,900 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. purchased a new position in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $1,985,000. Cetera Advisor Networks LLC acquired a new stake in shares of Carlyle Credit Income Fund in the fourth quarter valued at $829,000. Townsquare Capital LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at $253,000. Financial Network Wealth Advisors LLC acquired a new position in Carlyle Credit Income Fund during the 4th quarter worth about $252,000. Finally, SageView Advisory Group LLC purchased a new position in Carlyle Credit Income Fund during the 4th quarter valued at about $96,000.

Carlyle Credit Income Fund Trading Down 0.8 %

CCIF opened at $7.88 on Friday. Carlyle Credit Income Fund has a one year low of $7.43 and a one year high of $10.16. The business’s 50 day moving average price is $7.98 and its 200 day moving average price is $7.91.

Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The company reported $0.24 EPS for the quarter. The business had revenue of $5.34 million during the quarter.

Carlyle Credit Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be paid a dividend of $0.105 per share. This represents a $1.26 annualized dividend and a yield of 15.99%. The ex-dividend date is Friday, May 17th.

Carlyle Credit Income Fund Company Profile

(Get Free Report)

Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors.