Carlyle Credit Income Fund (NYSE:CCIF) Short Interest Update

Carlyle Credit Income Fund (NYSE:CCIF) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 300,056 shares, a drop of 34.4% from the June 15th total of 457,286 shares. Based on an average daily volume of 160,419 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. lifted its position in shares of Carlyle Credit Income Fund by 34.4% in the 2nd quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after acquiring an additional 4,388 shares during the period. Bulldog Investors LLP raised its stake in shares of Carlyle Credit Income Fund by 2.7% in the fourth quarter. Bulldog Investors LLP now owns 337,241 shares of the company’s stock valued at $1,582,000 after purchasing an additional 8,826 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Carlyle Credit Income Fund in the third quarter valued at $89,000. Virtu Financial LLC bought a new position in Carlyle Credit Income Fund in the fourth quarter worth $74,000. Finally, XTX Topco Ltd bought a new position in Carlyle Credit Income Fund in the fourth quarter worth $83,000.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners reissued a “buy” rating on shares of Carlyle Credit Income Fund in a research report on Thursday, April 16th.

Carlyle Credit Income Fund Stock Down 1.8%

Shares of NYSE CCIF opened at $2.77 on Friday. Carlyle Credit Income Fund has a 12 month low of $2.57 and a 12 month high of $6.58. The business’s 50 day moving average is $3.02 and its two-hundred day moving average is $3.51.

Carlyle Credit Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 19th will be paid a dividend of $0.06 per share. This represents a c) annualized dividend and a yield of 26.0%. The ex-dividend date is Wednesday, August 19th.

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.