Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Short Interest Update

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 67,100 shares, a growth of 92.8% from the November 15th total of 34,800 shares. Based on an average trading volume of 560,100 shares, the short-interest ratio is presently 0.1 days.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of NYSEAMERICAN:CIK traded up $0.01 during midday trading on Friday, hitting $2.98. The company had a trading volume of 733,471 shares, compared to its average volume of 298,811. Credit Suisse Asset Management Income Fund has a 12-month low of $2.82 and a 12-month high of $3.19.

Institutional Trading of Credit Suisse Asset Management Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HighTower Advisors LLC purchased a new stake in shares of Credit Suisse Asset Management Income Fund during the third quarter worth about $34,000. Jane Street Group LLC bought a new position in Credit Suisse Asset Management Income Fund in the 3rd quarter worth approximately $37,000. Fortis Group Advisors LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the 3rd quarter valued at approximately $39,000. B. Riley Wealth Advisors Inc. raised its position in shares of Credit Suisse Asset Management Income Fund by 14.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company’s stock valued at $80,000 after buying an additional 3,337 shares during the last quarter. Finally, Fiera Capital Corp lifted its holdings in shares of Credit Suisse Asset Management Income Fund by 555.2% in the third quarter. Fiera Capital Corp now owns 166,450 shares of the company’s stock worth $514,000 after buying an additional 141,044 shares in the last quarter. 29.49% of the stock is owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Company Profile

Credit Suisse Asset Management Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P.