Carlyle Credit Income Fund (NYSE:CCIF) Sees Large Increase in Short Interest

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 62,940 shares, a growth of 608.5% from the January 29th total of 8,883 shares. Based on an average trading volume of 216,010 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 216,010 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several hedge funds have recently made changes to their positions in CCIF. Wedbush Securities Inc. acquired a new stake in Carlyle Credit Income Fund during the second quarter valued at $69,000. Citadel Advisors LLC acquired a new position in Carlyle Credit Income Fund in the 3rd quarter worth about $89,000. Virtu Financial LLC purchased a new stake in shares of Carlyle Credit Income Fund during the 4th quarter worth about $74,000. Osaic Holdings Inc. raised 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 purchasing an additional 4,388 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Carlyle Credit Income Fund during the 4th quarter valued at about $83,000.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CCIF. B. Riley Financial reduced their price objective on Carlyle Credit Income Fund from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Credit Suisse Group set a $6.00 target price on shares of Carlyle Credit Income Fund in a report on Thursday, November 20th. Finally, 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.

Carlyle Credit Income Fund Trading Up 2.1%

Shares of NYSE:CCIF traded up $0.07 on Wednesday, hitting $3.47. The company’s stock had a trading volume of 99,084 shares, compared to its average volume of 194,553. Carlyle Credit Income Fund has a 12 month low of $3.22 and a 12 month high of $7.90. The stock’s 50-day moving average is $4.40 and its two-hundred day moving average is $5.04.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $999.00 earnings per share for the quarter.

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. 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.