Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Up 47.3% in March

Carlyle Credit Income Fund (NYSE:CCIF) saw 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 short-interest ratio is presently 3.7 days.

Carlyle Credit Income Fund Stock Performance

CCIF stock opened at $3.17 on Monday. Carlyle Credit Income Fund has a 52 week low of $3.01 and a 52 week high of $7.22. The firm’s 50-day moving average is $3.75 and its two-hundred day moving average is $4.67.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its earnings results on Wednesday, February 25th. The company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $998.83. The business had revenue of $7.12 million during 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. Shareholders of record on Monday, May 18th will be paid a $0.06 dividend. The ex-dividend date is Monday, May 18th. This represents a c) annualized dividend and a yield of 22.7%.

Insider Activity at Carlyle Credit Income Fund

In other news, Director Lauren Michelle Basmadjian purchased 16,000 shares of the stock in a transaction dated Monday, March 16th. The stock was acquired at an average price of $3.22 per share, for a total transaction of $51,520.00. Following the completion of the transaction, the director owned 37,448 shares of the company’s stock, valued at approximately $120,582.56. The trade was a 74.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Institutional Trading of Carlyle Credit Income Fund

A number of institutional investors have recently bought and sold shares of CCIF. Wedbush Securities Inc. lifted its stake in shares of Carlyle Credit Income Fund by 38.7% in the 3rd 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. Osaic Holdings Inc. increased 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 during the last quarter. Bulldog Investors LLP increased its holdings in Carlyle Credit Income Fund by 2.7% in the 4th quarter. Bulldog Investors LLP now owns 337,241 shares of the company’s stock worth $1,582,000 after acquiring an additional 8,826 shares during the last quarter. Citadel Advisors LLC bought a new position in Carlyle Credit Income Fund in the 3rd quarter worth approximately $89,000. Finally, Virtu Financial LLC bought a new position in shares of Carlyle Credit Income Fund in the fourth quarter valued at approximately $74,000.

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.