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

Carlyle Credit Income Fund (NYSE:CCIF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 162,000 shares, a growth of 43.0% from the January 31st total of 113,300 shares. Based on an average daily volume of 151,100 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analyst Weigh In

Separately, Oppenheimer assumed coverage on shares of Carlyle Credit Income Fund in a research report on Monday, December 9th. They issued a “market perform” rating and a $8.00 price objective for the company.

Insider Buying and Selling

In related news, Director Joan Y. Mccabe acquired 18,079 shares of the stock in a transaction on Wednesday, December 18th. The stock was purchased at an average price of $8.02 per share, for a total transaction of $144,993.58. Following the transaction, the director now owns 30,358 shares of the company’s stock, valued at $243,471.16. The trade was a 147.24 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Several institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $192,000. Virtus ETF Advisers LLC grew its position in shares of Carlyle Credit Income Fund by 26.5% during the 4th quarter. Virtus ETF Advisers LLC now owns 125,323 shares of the company’s stock worth $995,000 after buying an additional 26,224 shares during the period. LPL Financial LLC acquired a new stake in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $82,000. Naviter Wealth LLC acquired a new stake in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $239,000. Finally, Sabal Trust CO bought a new position in Carlyle Credit Income Fund during the 4th quarter worth approximately $1,726,000.

Carlyle Credit Income Fund Trading Down 0.7 %

CCIF traded down $0.06 during midday trading on Tuesday, hitting $7.65. The company had a trading volume of 148,649 shares, compared to its average volume of 157,221. Carlyle Credit Income Fund has a twelve month low of $7.54 and a twelve month high of $8.80. The firm’s 50-day simple moving average is $7.81 and its 200-day simple moving average is $8.13.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.14. The company had revenue of $8.27 million during the quarter, compared to analyst estimates of $8.22 million.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be given a dividend of $0.105 per share. This represents a dividend yield of 16.5%. The ex-dividend date is Monday, May 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.