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

Carlyle Credit Income Fund (NYSE:CCIF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 533,043 shares, a growth of 47.3% from the February 26th total of 361,922 shares. Based on an average daily trading volume, of 143,849 shares, the days-to-cover ratio is presently 3.7 days.

Insider Transactions at Carlyle Credit Income Fund

In other news, Director Lauren Michelle Basmadjian purchased 16,000 shares of Carlyle Credit Income Fund stock in a transaction dated Monday, March 16th. The stock was bought at an average price of $3.22 per share, with a total value of $51,520.00. Following the completion of the acquisition, the director owned 37,448 shares in the company, valued at $120,582.56. The trade was a 74.60% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in Carlyle Credit Income Fund in the 4th quarter worth approximately $74,000. XTX Topco Ltd bought a new stake in Carlyle Credit Income Fund during the 4th quarter valued at $83,000. Almitas Capital LLC acquired a new position in Carlyle Credit Income Fund during the 4th quarter worth $738,000. Kovack Advisors Inc. acquired a new position in Carlyle Credit Income Fund during the 4th quarter worth $126,000. Finally, Thomas J. Herzfeld Advisors Inc. grew its stake in shares of Carlyle Credit Income Fund by 497.1% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 201,113 shares of the company’s stock worth $943,000 after purchasing an additional 167,429 shares in the last quarter.

Carlyle Credit Income Fund Stock Down 0.9%

Shares of Carlyle Credit Income Fund stock traded down $0.03 during trading on Friday, hitting $3.16. 112,034 shares of the stock were exchanged, compared to its average volume of 180,659. Carlyle Credit Income Fund has a 12 month low of $3.01 and a 12 month high of $7.22. The stock’s fifty day moving average is $3.75 and its 200 day moving average is $4.67.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $999.00 earnings per share for the quarter, beating the consensus estimate of $0.17 by $998.83. The firm had revenue of $7.12 million during the quarter, compared to the consensus estimate of $7.82 million.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Monday, May 18th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a dividend yield of 22.8%. The ex-dividend date of this dividend is Monday, May 18th.

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. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.