The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Shares Shorted: Short Interest Up 60.8% in September

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 7,579 shares, a growth of 60.8% from the August 31st total of 4,712 shares. Based on an average daily trading volume, of 81,431 shares, the days-to-cover ratio is presently 0.1 days.

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

CGABL stock opened at $15.49 on Friday. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 1 year low of $15.07 and a 1 year high of $18.46. The stock’s fifty day moving average price is $15.96 and its 200-day moving average price is $16.50.

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

The company also recently announced a quarterly dividend, which will be paid on Sunday, November 15th. Shareholders of record on Sunday, November 1st will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.16 dividend on an annualized basis and a yield of 7.5%.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile

Carlyle Group Inc is a global investment firm that manages alternative investment strategies for institutional investors, private wealth clients and other investors. Its principal activities include private equity, global credit and investment solutions, with strategies designed to invest in companies, credit instruments and other assets across a range of industries and stages of development.

Founded in 1987, Carlyle has developed an international investment platform serving markets in North America, Europe, Asia and other regions.