The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Sees Significant Drop in Short Interest

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 2,073 shares, a decrease of 69.7% from the October 15th total of 6,836 shares. Based on an average daily trading volume, of 22,514 shares, the short-interest ratio is presently 0.1 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Down 1.1%

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded down $0.16 during mid-day trading on Friday, reaching $14.17. 46,704 shares of the company traded hands, compared to its average volume of 27,329. The firm’s fifty day moving average is $15.34 and its two-hundred day moving average is $16.46. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a fifty-two week low of $14.12 and a fifty-two week high of $17.94.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 15th. Stockholders of record on Monday, February 1st will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Monday, February 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.2%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

Carlyle Group Inc. is a global alternative asset manager that invests on behalf of institutional and individual investors. Its strategies include private equity, credit, and real assets, as well as investment solutions that provide access to portfolios of private-market funds. Founded in Washington, D.C., in 1987, Carlyle has expanded its operations internationally and serves investors and businesses across multiple regions. The firm’s investment activities span a range of industries and markets.