Short Interest in Carlyle Credit Income Fund (NYSE:CCIF) Grows By 458.7%

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 60,900 shares, a growth of 458.7% from the February 29th total of 10,900 shares. Based on an average daily volume of 75,900 shares, the short-interest ratio is currently 0.8 days.

Carlyle Credit Income Fund Stock Up 0.8 %

Shares of Carlyle Credit Income Fund stock opened at $7.94 on Thursday. Carlyle Credit Income Fund has a one year low of $7.43 and a one year high of $10.16. The business’s 50 day simple moving average is $7.98 and its two-hundred day simple moving average is $7.91.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.24 EPS for the quarter. The firm had revenue of $5.34 million for the quarter.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be issued a $0.105 dividend. This represents a $1.26 annualized dividend and a yield of 15.87%. The ex-dividend date is Friday, May 17th.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. bought a new stake in Carlyle Credit Income Fund during the 4th quarter valued at approximately $1,985,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $1,318,000. Bulldog Investors LLP purchased a new stake in Carlyle Credit Income Fund in the fourth quarter worth $1,279,000. Relative Value Partners Group LLC purchased a new position in Carlyle Credit Income Fund during the fourth quarter valued at $1,118,000. Finally, Cetera Advisor Networks LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter worth about $829,000.

About Carlyle Credit Income Fund

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.