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

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a large increase in short interest during 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 daily trading volume, of 75,900 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. acquired a new position in Carlyle Credit Income Fund during the fourth quarter valued at approximately $1,985,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Carlyle Credit Income Fund in the 4th quarter valued at $1,318,000. Bulldog Investors LLP bought a new stake in Carlyle Credit Income Fund during the 4th quarter worth about $1,279,000. Relative Value Partners Group LLC bought a new position in shares of Carlyle Credit Income Fund in the 4th quarter valued at about $1,118,000. Finally, Cetera Advisor Networks LLC bought a new position in shares of Carlyle Credit Income Fund in the 4th quarter valued at about $829,000.

Carlyle Credit Income Fund Price Performance

CCIF stock opened at $7.94 on Thursday. The firm has a 50 day moving average of $7.98 and a two-hundred day moving average of $7.91. Carlyle Credit Income Fund has a 12 month low of $7.43 and a 12 month high of $10.16.

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

Carlyle Credit Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be issued 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 dividend yield of 15.87%.

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.