The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Shares Shorted: Short Interest Up 60.8% in September

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 7,579 shares, an increase of 60.8% from the August 31st total of 4,712 shares. Based on an average daily volume of 81,431 shares, the days-to-cover ratio is presently 0.1 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance

CGABL stock traded down $0.18 during trading on Wednesday, hitting $15.07. 96,422 shares of the company’s stock traded hands, compared to its average volume of 26,939. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 1 year low of $15.07 and a 1 year high of $18.46. The business has a fifty day simple moving average of $15.98 and a two-hundred day simple moving average of $16.51.

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

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 15th. Stockholders of record on Sunday, November 1st will be issued a $0.2891 dividend. The ex-dividend date is Friday, October 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.7%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

Carlyle Group Inc is a global investment firm that manages alternative investment strategies for institutional investors, private wealth clients and other investors. Its principal activities include private equity, global credit and investment solutions, with strategies designed to invest in companies, credit instruments and other assets across a range of industries and stages of development.

Founded in 1987, Carlyle has developed an international investment platform serving markets in North America, Europe, Asia and other regions.