Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 73,700 shares, a growth of 132.5% from the September 30th total of 31,700 shares. Based on an average daily volume of 113,100 shares, the days-to-cover ratio is presently 0.7 days.
Carlyle Credit Income Fund Price Performance
CCIF traded up $0.01 during trading hours on Friday, reaching $8.23. 73,645 shares of the stock traded hands, compared to its average volume of 86,764. Carlyle Credit Income Fund has a fifty-two week low of $7.43 and a fifty-two week high of $8.80. The firm’s fifty day simple moving average is $8.41 and its two-hundred day simple moving average is $8.25.
Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last announced its earnings results on Wednesday, August 21st. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $7.38 million during the quarter, compared to the consensus estimate of $7.51 million.
Carlyle Credit Income Fund Dividend Announcement
Hedge Funds Weigh In On Carlyle Credit Income Fund
Several institutional investors and hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. lifted its position in shares of Carlyle Credit Income Fund by 31.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 444,548 shares of the company’s stock worth $3,636,000 after purchasing an additional 105,570 shares during the last quarter. Access Financial Services Inc. raised its stake in Carlyle Credit Income Fund by 15.5% during the second quarter. Access Financial Services Inc. now owns 81,130 shares of the company’s stock valued at $664,000 after buying an additional 10,860 shares in the last quarter. Cetera Advisors LLC bought a new position in Carlyle Credit Income Fund during the 1st quarter worth approximately $79,000. Finally, Choreo LLC acquired a new position in shares of Carlyle Credit Income Fund in the 1st quarter worth approximately $83,000.
Carlyle Credit Income Fund Company Profile
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.
Read More
- Five stocks we like better than Carlyle Credit Income Fund
- What Does Downgrade Mean in Investing?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is the NASDAQ Stock Exchange?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for Carlyle Credit Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlyle Credit Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.