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

Carlyle Credit Income Fund (NYSE:CCIF) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 162,000 shares, an increase of 43.0% from the January 31st total of 113,300 shares. Based on an average trading volume of 151,100 shares, the short-interest ratio is presently 1.1 days.

Insider Transactions at Carlyle Credit Income Fund

In related news, Director Joan Y. Mccabe purchased 18,079 shares of Carlyle Credit Income Fund stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of $8.02 per share, with a total value of $144,993.58. Following the purchase, the director now owns 30,358 shares in the company, valued at approximately $243,471.16. The trade was a 147.24 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Hedge funds have recently made changes to their positions in the company. Walkner Condon Financial Advisors LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at approximately $80,000. LPL Financial LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at approximately $82,000. Jane Street Group LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at approximately $192,000. Naviter Wealth LLC acquired a new position in Carlyle Credit Income Fund in the 4th quarter valued at approximately $239,000. Finally, HighTower Advisors LLC increased its stake in Carlyle Credit Income Fund by 65.2% in the 3rd quarter. HighTower Advisors LLC now owns 29,598 shares of the company’s stock valued at $244,000 after buying an additional 11,682 shares during the period.

Carlyle Credit Income Fund Stock Down 0.7 %

CCIF stock traded down $0.06 on Tuesday, hitting $7.65. 148,649 shares of the company’s stock traded hands, compared to its average volume of 157,221. Carlyle Credit Income Fund has a 1-year low of $7.54 and a 1-year high of $8.80. The stock has a fifty day moving average of $7.81 and a 200-day moving average of $8.13.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.30 by $0.14. The firm had revenue of $8.27 million during the quarter, compared to analysts’ expectations of $8.22 million.

Carlyle Credit Income Fund Announces Dividend

The company also recently declared a — dividend, which will be paid on Friday, May 30th. Investors of record on Monday, May 19th will be given a $0.105 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a dividend yield of 16.5%.

Analyst Upgrades and Downgrades

Separately, Oppenheimer initiated coverage on shares of Carlyle Credit Income Fund in a research note on Monday, December 9th. They set a “market perform” rating and a $8.00 target price for the company.

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.