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

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 533,043 shares, an increase of 47.3% from the February 26th total of 361,922 shares. Based on an average trading volume of 143,849 shares, the days-to-cover ratio is currently 3.7 days.

Insider Transactions at Carlyle Credit Income Fund

In other Carlyle Credit Income Fund news, Director Lauren Michelle Basmadjian purchased 16,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average price of $3.22 per share, with a total value of $51,520.00. Following the completion of the transaction, the director directly owned 37,448 shares of the company’s stock, valued at approximately $120,582.56. This trade represents a 74.60% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Several large investors have recently made changes to their positions in the company. J.W. Cole Advisors Inc. increased its position in shares of Carlyle Credit Income Fund by 16.3% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 219,480 shares of the company’s stock worth $1,422,000 after purchasing an additional 30,808 shares in the last quarter. Icon Advisers Inc. Co. bought a new stake in Carlyle Credit Income Fund during the second quarter worth about $124,000. Osaic Holdings Inc. increased its holdings in shares of Carlyle Credit Income Fund by 34.4% during the second quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after buying an additional 4,388 shares in the last quarter. Wedbush Securities Inc. raised its stake in shares of Carlyle Credit Income Fund by 38.7% in the third quarter. Wedbush Securities Inc. now owns 14,868 shares of the company’s stock valued at $87,000 after acquiring an additional 4,150 shares during the last quarter. Finally, Arlington Capital Management Inc. bought a new position in shares of Carlyle Credit Income Fund in the third quarter valued at approximately $278,000.

Carlyle Credit Income Fund Stock Performance

CCIF stock opened at $3.16 on Monday. Carlyle Credit Income Fund has a 1-year low of $3.01 and a 1-year high of $7.22. The business’s 50 day moving average is $3.75 and its 200-day moving average is $4.67.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its earnings results on Wednesday, February 25th. The company reported $999.00 EPS for the quarter, topping the consensus estimate of $0.17 by $998.83. The company had revenue of $7.12 million for the quarter, compared to the consensus estimate of $7.82 million.

Carlyle Credit Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Monday, May 18th will be paid a $0.06 dividend. This represents a c) annualized dividend and a dividend yield of 22.8%. The ex-dividend date is Monday, May 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. 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.