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

Carlyle Credit Income Fund (NYSE:CCIF) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 300,056 shares, a decrease of 34.4% from the June 15th total of 457,286 shares. Based on an average trading volume of 160,419 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several large investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in shares of Carlyle Credit Income Fund in the 4th quarter valued at $74,000. XTX Topco Ltd purchased a new stake in Carlyle Credit Income Fund during the fourth quarter valued at about $83,000. Citadel Advisors LLC purchased a new stake in Carlyle Credit Income Fund during the third quarter valued at about $89,000. Osaic Holdings Inc. boosted its holdings in shares of Carlyle Credit Income Fund by 34.4% in 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 during the period. Finally, Kovack Advisors Inc. acquired a new position in shares of Carlyle Credit Income Fund in the fourth quarter worth about $126,000.

Carlyle Credit Income Fund Price Performance

Shares of CCIF opened at $2.77 on Friday. Carlyle Credit Income Fund has a one year low of $2.57 and a one year high of $6.58. The stock’s fifty day moving average is $3.02 and its 200-day moving average is $3.51.

Carlyle Credit Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 26.0%. The ex-dividend date is Wednesday, August 19th.

Analyst Ratings Changes

Separately, Alliance Global Partners restated a “buy” rating on shares of Carlyle Credit Income Fund in a research note on Thursday, April 16th.

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.