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

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 8,883 shares, a drop of 57.9% from the January 15th total of 21,122 shares. Based on an average daily trading volume, of 129,212 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 129,212 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several institutional investors have recently bought and sold shares of CCIF. Wedbush Securities Inc. bought a new position in Carlyle Credit Income Fund during the second quarter valued at $69,000. Citadel Advisors LLC purchased a new position in shares of Carlyle Credit Income Fund during the 3rd quarter valued at $89,000. Osaic Holdings Inc. grew its stake in shares of Carlyle Credit Income Fund by 34.4% during the 2nd quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after acquiring an additional 4,388 shares during the period. Icon Advisers Inc. Co. purchased a new stake in Carlyle Credit Income Fund in the 2nd quarter worth about $124,000. Finally, Kovack Advisors Inc. bought a new stake in Carlyle Credit Income Fund in the 4th quarter valued at about $126,000.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CCIF shares. Zacks Research upgraded shares of Carlyle Credit Income Fund from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 29th. B. Riley Financial decreased their price objective on Carlyle Credit Income Fund from $9.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Finally, Credit Suisse Group set a $6.00 target price on Carlyle Credit Income Fund in a research report on Thursday, November 20th.

Carlyle Credit Income Fund Price Performance

NYSE:CCIF remained flat at $4.00 during trading on Thursday. The company’s stock had a trading volume of 109,676 shares, compared to its average volume of 149,623. Carlyle Credit Income Fund has a 52-week low of $3.77 and a 52-week high of $7.90. The company has a 50 day simple moving average of $4.63 and a 200 day simple moving average of $5.17.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06). The company had revenue of $7.74 million for the quarter, compared to the consensus estimate of $8.97 million.

Carlyle Credit Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.105 per share. The ex-dividend date is Tuesday, February 17th. This represents a c) annualized dividend and a dividend yield of 31.5%.

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. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.