Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Short Interest Up 92.8% in November

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) was the target of a significant growth in short interest in 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 daily volume of 560,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Credit Suisse Asset Management Income Fund

Several institutional investors have recently added to or reduced their stakes in the business. IMS Capital Management raised its position in shares of Credit Suisse Asset Management Income Fund by 63.3% during the 2nd quarter. IMS Capital Management now owns 194,581 shares of the company’s stock worth $597,000 after purchasing an additional 75,404 shares during the period. Fiera Capital Corp boosted its position in Credit Suisse Asset Management Income Fund by 555.2% during the 3rd quarter. Fiera Capital Corp now owns 166,450 shares of the company’s stock valued at $514,000 after purchasing an additional 141,044 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in Credit Suisse Asset Management Income Fund by 14.2% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company’s stock worth $80,000 after buying an additional 3,337 shares during the last quarter. Fortis Group Advisors LLC acquired a new stake in Credit Suisse Asset Management Income Fund in the third quarter worth $39,000. Finally, Jane Street Group LLC bought a new stake in Credit Suisse Asset Management Income Fund in the third quarter valued at $37,000. Institutional investors own 29.49% of the company’s stock.

Credit Suisse Asset Management Income Fund Price Performance

Shares of CIK stock traded up $0.01 on Friday, hitting $2.98. 733,471 shares of the stock traded hands, compared to its average volume of 298,811. Credit Suisse Asset Management Income Fund has a 1-year low of $2.82 and a 1-year high of $3.19.

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.