Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Up 16.3% in October

Carlyle Credit Income Fund (NYSE:CCIF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 85,700 shares, an increase of 16.3% from the October 15th total of 73,700 shares. Based on an average daily volume of 113,500 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Carlyle Credit Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Advisors LLC bought a new stake in Carlyle Credit Income Fund during the first quarter worth $79,000. Access Financial Services Inc. grew its position in shares of Carlyle Credit Income Fund by 15.5% in the 2nd quarter. Access Financial Services Inc. now owns 81,130 shares of the company’s stock valued at $664,000 after acquiring an additional 10,860 shares during the period. HighTower Advisors LLC increased its stake in shares of Carlyle Credit Income Fund by 65.2% during the 3rd quarter. HighTower Advisors LLC now owns 29,598 shares of the company’s stock worth $244,000 after purchasing an additional 11,682 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of Carlyle Credit Income Fund by 31.1% in the 2nd 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 Performance

NYSE CCIF opened at $8.28 on Monday. Carlyle Credit Income Fund has a 52 week low of $7.43 and a 52 week high of $8.80. The stock’s 50 day moving average price is $8.31 and its two-hundred day moving average price is $8.29.

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

Carlyle Credit Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be issued a $0.105 dividend. This represents a $1.26 annualized dividend and a dividend yield of 15.22%. The ex-dividend date is Monday, November 18th.

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.