The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Stock Short Interest Jumps 60.8%

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

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Down 1.2%

Shares of CGABL traded down $0.18 during midday trading on Wednesday, hitting $15.07. The stock had a trading volume of 96,422 shares, compared to its average volume of 26,939. The stock’s 50 day moving average is $15.98 and its 200 day moving average is $16.51. 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.

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

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

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

(Get Free Report)

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.

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