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

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

Carlyle Credit Income Fund Price Performance

Shares of NYSE CCIF opened at $8.28 on Monday. The business’s 50-day simple moving average is $8.31 and its 200-day simple moving average is $8.29. Carlyle Credit Income Fund has a 52 week low of $7.43 and a 52 week high of $8.80.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings results on Wednesday, August 21st. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The business had revenue of $7.38 million during the quarter, compared to the consensus estimate of $7.51 million.

Carlyle Credit Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.105 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.26 dividend on an annualized basis and a yield of 15.22%.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Advisors LLC bought a new position in shares of Carlyle Credit Income Fund in the first quarter valued at approximately $79,000. HighTower Advisors LLC raised its position 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 purchasing an additional 11,682 shares during the last quarter. Access Financial Services Inc. raised its position in 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 purchasing an additional 10,860 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Carlyle Credit Income Fund by 31.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 444,548 shares of the company’s stock worth $3,636,000 after purchasing an additional 105,570 shares in the last quarter.

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.