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

Carlyle Credit Income Fund (NYSE:CCIF) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 113,300 shares, an increase of 67.9% from the January 15th total of 67,500 shares. Based on an average trading volume of 150,700 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, Oppenheimer began coverage on Carlyle Credit Income Fund in a report on Monday, December 9th. They set a “market perform” rating and a $8.00 target price on the stock.

Insider Activity at Carlyle Credit Income Fund

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

Institutional Investors Weigh In On Carlyle Credit Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of CCIF. Walkner Condon Financial Advisors LLC acquired a new stake in shares of Carlyle Credit Income Fund during the fourth quarter worth about $80,000. LPL Financial LLC acquired a new position in Carlyle Credit Income Fund in the fourth quarter valued at approximately $82,000. Jane Street Group LLC acquired a new position in Carlyle Credit Income Fund in the fourth quarter valued at approximately $192,000. Naviter Wealth LLC acquired a new position in Carlyle Credit Income Fund in the fourth quarter valued at approximately $239,000. Finally, HighTower Advisors LLC lifted its holdings in Carlyle Credit Income Fund by 65.2% in the third quarter. HighTower Advisors LLC now owns 29,598 shares of the company’s stock valued at $244,000 after acquiring an additional 11,682 shares during the period.

Carlyle Credit Income Fund Trading Up 1.3 %

NYSE:CCIF traded up $0.10 on Friday, hitting $7.86. 129,906 shares of the company’s stock traded hands, compared to its average volume of 152,294. The firm has a 50-day moving average price of $7.90 and a 200-day moving average price of $8.17. Carlyle Credit Income Fund has a 1 year low of $7.57 and a 1 year high of $8.80.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings results on Wednesday, November 20th. The company reported $0.30 earnings per share for the quarter. During the same quarter in the prior year, the company posted ($0.14) EPS.

Carlyle Credit Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 16.02%.

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.