Short Interest in Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Expands By 118.6%

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 146,700 shares, an increase of 118.6% from the November 30th total of 67,100 shares. Based on an average trading volume of 573,900 shares, the short-interest ratio is currently 0.3 days.

Credit Suisse Asset Management Income Fund Stock Performance

Shares of CIK stock traded down $0.03 during trading hours on Friday, hitting $2.89. The company had a trading volume of 358,126 shares, compared to its average volume of 307,971. Credit Suisse Asset Management Income Fund has a fifty-two week low of $2.82 and a fifty-two week high of $3.19.

Institutional Investors Weigh In On Credit Suisse Asset Management Income Fund

Hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC acquired a new position in shares of Credit Suisse Asset Management Income Fund during the 3rd quarter worth about $34,000. Jane Street Group LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the third quarter worth approximately $37,000. Fortis Group Advisors LLC acquired a new position in Credit Suisse Asset Management Income Fund in the third quarter valued at approximately $39,000. B. Riley Wealth Advisors Inc. increased its stake in Credit Suisse Asset Management Income Fund by 14.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 26,905 shares of the company's stock valued at $80,000 after purchasing an additional 3,337 shares during the last quarter. Finally, Fiera Capital Corp raised its holdings in Credit Suisse Asset Management Income Fund by 555.2% during the third quarter. Fiera Capital Corp now owns 166,450 shares of the company's stock worth $514,000 after purchasing an additional 141,044 shares in the last quarter. Institutional investors and hedge funds own 29.49% of the company's stock.

About Credit Suisse Asset Management Income Fund

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.