Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Down 93.0% in August

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 29,220 shares, a decrease of 93.0% from the July 30th total of 420,223 shares. Based on an average daily volume of 129,016 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Credit Suisse Group set a $3.50 target price on shares of Carlyle Credit Income Fund in a research report on Friday.

Institutional Trading of Carlyle Credit Income Fund

Several large investors have recently modified their holdings of CCIF. Two Sigma Securities LLC purchased a new stake in Carlyle Credit Income Fund during the second quarter valued at $29,000. Virtu Financial LLC purchased a new position in Carlyle Credit Income Fund in the fourth quarter worth about $74,000. XTX Topco Ltd purchased a new position in Carlyle Credit Income Fund in the fourth quarter worth about $83,000. Citadel Advisors LLC bought a new stake in shares of Carlyle Credit Income Fund during the 3rd quarter valued at about $89,000. Finally, Osaic Holdings Inc. grew 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 valued at $111,000 after purchasing an additional 4,388 shares during the period.

Carlyle Credit Income Fund Trading Down 1.1%

Shares of Carlyle Credit Income Fund stock traded down $0.03 during trading on Tuesday, hitting $2.67. 66,281 shares of the company’s stock traded hands, compared to its average volume of 139,582. Carlyle Credit Income Fund has a 1 year low of $2.57 and a 1 year high of $5.95. The business has a 50-day simple moving average of $2.78 and a 200-day simple moving average of $3.14.

Carlyle Credit Income Fund (NYSE:CCIF) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). The firm had revenue of $4.31 million for the quarter, compared to analysts’ expectations of $5.39 million.

Carlyle Credit Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Tuesday, November 17th will be paid a $0.06 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 27.0%. The ex-dividend date is Tuesday, November 17th.

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.