Short Interest in Carlyle Credit Income Fund (NYSE:CCIF) Rises By 458.7%

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

Carlyle Credit Income Fund Stock Down 0.8 %

NYSE CCIF opened at $7.88 on Friday. The business’s 50-day simple moving average is $7.98 and its 200-day simple moving average is $7.91. Carlyle Credit Income Fund has a 1-year low of $7.43 and a 1-year high of $10.16.

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

Carlyle Credit Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 20th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Friday, May 17th. This represents a $1.26 dividend on an annualized basis and a yield of 15.99%.

Institutional Trading of Carlyle Credit Income Fund

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. purchased a new stake in shares of Carlyle Credit Income Fund in the fourth quarter worth about $1,985,000. Cambridge Investment Research Advisors Inc. acquired a new position in Carlyle Credit Income Fund during the 4th quarter worth approximately $1,318,000. Bulldog Investors LLP purchased a new position in Carlyle Credit Income Fund in the 4th quarter worth approximately $1,279,000. Relative Value Partners Group LLC acquired a new stake in Carlyle Credit Income Fund in the fourth quarter valued at approximately $1,118,000. Finally, Cetera Advisor Networks LLC purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $829,000.

About Carlyle Credit Income Fund

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.