The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Stock Short Interest Drops 44.0%

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 6,836 shares, a drop of 44.0% from the September 30th total of 12,198 shares. Based on an average daily volume of 24,942 shares, the short-interest ratio is presently 0.3 days.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Trading Up 0.8%

CGABL traded up $0.12 during trading hours on Monday, reaching $14.52. The company’s stock had a trading volume of 25,497 shares, compared to its average volume of 26,619. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a fifty-two week low of $14.40 and a fifty-two week high of $18.08. The business’s 50-day moving average is $15.58 and its 200-day moving average is $16.59.

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

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 15th. Investors of record on Sunday, November 1st will be given a dividend of $0.2891 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.0%.

About Carlyle Group Inc. 4.625% Subordinated Notes due 2061

(Get Free Report)

Carlyle Group Inc 4.625% Subordinated Notes due 2061 (NASDAQ: CGABL) are debt securities issued by The Carlyle Group Inc, the publicly traded holding company associated with The Carlyle Group, a global investment firm. The notes represent a subordinated debt obligation of the issuer rather than an ownership interest in Carlyle’s investment funds or portfolio companies.

The Carlyle Group manages alternative investment strategies across global private equity, global credit and investment solutions.

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