The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Sees Large Drop in Short Interest

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,073 shares, a drop of 69.7% from the October 15th total of 6,836 shares. Based on an average daily trading volume, of 22,514 shares, the days-to-cover ratio is presently 0.1 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance

NASDAQ:CGABL traded down $0.16 during trading hours on Friday, reaching $14.17. The company’s stock had a trading volume of 46,704 shares, compared to its average volume of 27,329. The stock has a 50 day moving average price of $15.34 and a two-hundred day moving average price of $16.46. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 12 month low of $14.12 and a 12 month high of $17.94.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 15th. Stockholders of record on Monday, February 1st will be issued a $0.2891 dividend. The ex-dividend date is Monday, February 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.2%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

Carlyle Group Inc. is a global alternative asset manager that invests on behalf of institutional and individual investors. Its strategies include private equity, credit, and real assets, as well as investment solutions that provide access to portfolios of private-market funds. Founded in Washington, D.C., in 1987, Carlyle has expanded its operations internationally and serves investors and businesses across multiple regions. The firm’s investment activities span a range of industries and markets.