Carlyle Credit Income Fund (NYSE:CCIF) Sees Large Drop in Short Interest

Carlyle Credit Income Fund (NYSE:CCIFGet Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 300,056 shares, a decline of 34.4% from the June 15th total of 457,286 shares. Based on an average daily trading volume, of 160,419 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On Carlyle Credit Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at approximately $74,000. XTX Topco Ltd bought a new position in shares of Carlyle Credit Income Fund during the 4th quarter valued at approximately $83,000. Citadel Advisors LLC purchased a new stake in Carlyle Credit Income Fund during the 3rd quarter valued at $89,000. Osaic Holdings Inc. lifted its position in Carlyle Credit Income Fund by 34.4% in the second quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after buying an additional 4,388 shares during the last quarter. Finally, Kovack Advisors Inc. bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth $126,000.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners reiterated a “buy” rating on shares of Carlyle Credit Income Fund in a research note on Thursday, April 16th.

Check Out Our Latest Report on CCIF

Carlyle Credit Income Fund Price Performance

Shares of NYSE:CCIF opened at $2.80 on Friday. Carlyle Credit Income Fund has a 52 week low of $2.57 and a 52 week high of $6.53. The firm has a fifty day simple moving average of $3.01 and a two-hundred day simple moving average of $3.50.

Carlyle Credit Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 19th will be given a $0.06 dividend. The ex-dividend date is Wednesday, August 19th. This represents a c) annualized dividend and a yield of 25.7%.

About Carlyle Credit Income Fund

(Get Free Report)

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. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.

Further Reading

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