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

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 7,148 shares, a drop of 55.1% from the May 31st total of 15,932 shares. Based on an average daily trading volume, of 14,390 shares, the days-to-cover ratio is currently 0.5 days.

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

Shares of Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded up $0.06 on Tuesday, hitting $16.23. The company’s stock had a trading volume of 11,166 shares, compared to its average volume of 25,659. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a 52-week low of $16.04 and a 52-week high of $18.80. The firm has a fifty day moving average price of $16.68 and a 200-day moving average price of $17.18.

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

The firm also recently announced a quarterly dividend, which will be paid on Saturday, August 15th. Shareholders of record on Saturday, August 1st will be given a dividend of $0.2891 per share. The ex-dividend date is Friday, July 31st. This represents a $1.16 dividend on an annualized basis and a yield of 7.1%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

The Carlyle Group Inc 4.625% Subordinated Notes due 2061 (Nasdaq: CGABL) are unsecured, subordinated debt securities issued by The Carlyle Group Inc, a global alternative asset manager. These notes pay a fixed annual interest rate of 4.625%, with interest typically paid semi-annually. As subordinated obligations, they rank below the company’s senior debt but above its equity in the event of liquidation. The notes mature in 2061, at which point the principal amount is payable, unless earlier redeemed or repurchased by the issuer under the terms set forth in the offering documents.

The issuance of these subordinated notes is intended to support Carlyle’s ongoing capital needs, including general corporate purposes and potential growth initiatives across its various investment platforms.