Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Up 132.5% in October

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 73,700 shares, an increase of 132.5% from the September 30th total of 31,700 shares. Based on an average daily trading volume, of 113,100 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Carlyle Credit Income Fund

A number of institutional investors have recently made changes to their positions in CCIF. Cetera Advisors LLC purchased a new position in shares of Carlyle Credit Income Fund during the first quarter valued at approximately $79,000. Choreo LLC purchased a new position in shares of Carlyle Credit Income Fund during the 1st quarter worth $83,000. Access Financial Services Inc. boosted its holdings in shares of Carlyle Credit Income Fund by 15.5% during the second quarter. Access Financial Services Inc. now owns 81,130 shares of the company’s stock worth $664,000 after purchasing an additional 10,860 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Carlyle Credit Income Fund by 31.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 444,548 shares of the company’s stock valued at $3,636,000 after purchasing an additional 105,570 shares during the period.

Carlyle Credit Income Fund Stock Up 0.1 %

Shares of NYSE CCIF traded up $0.01 during midday trading on Friday, hitting $8.23. The company had a trading volume of 73,645 shares, compared to its average volume of 86,764. Carlyle Credit Income Fund has a twelve month low of $7.43 and a twelve month high of $8.80. The business has a 50-day simple moving average of $8.41 and a two-hundred day simple moving average of $8.25.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings data on Wednesday, August 21st. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $7.38 million during the quarter, compared to analysts’ expectations of $7.51 million.

Carlyle Credit Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.26 annualized dividend and a dividend yield of 15.31%.

Carlyle Credit Income Fund Company Profile

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.