Short Interest in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Decreases By 21.0%

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 130,000 shares, a decrease of 21.0% from the March 15th total of 164,500 shares. Currently, 0.3% of the company's stock are sold short. Based on an average daily trading volume, of 670,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Credit Suisse Asset Management Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC bought a new position in Credit Suisse Asset Management Income Fund in the 3rd quarter worth $34,000. Jane Street Group LLC acquired a new stake in shares of Credit Suisse Asset Management Income Fund in the third quarter valued at about $37,000. Strategic Advisors LLC bought a new position in shares of Credit Suisse Asset Management Income Fund in the first quarter worth about $42,000. Virtu Financial LLC acquired a new position in shares of Credit Suisse Asset Management Income Fund during the 4th quarter worth about $45,000. Finally, Atria Wealth Solutions Inc. boosted its stake in Credit Suisse Asset Management Income Fund by 63.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 22,731 shares of the company's stock valued at $66,000 after purchasing an additional 8,831 shares during the period. 29.49% of the stock is currently owned by institutional investors and hedge funds.

Credit Suisse Asset Management Income Fund Price Performance

Shares of NYSEAMERICAN CIK traded up $0.01 during mid-day trading on Wednesday, reaching $2.76. 544,691 shares of the company traded hands, compared to its average volume of 475,323. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.56 and a fifty-two week high of $3.13.

Credit Suisse Asset Management Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th will be given a $0.0225 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 9.78%. The ex-dividend date is Tuesday, April 15th.

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.