Carlyle Secured Lending, Inc. 8.20% Notes due 2028 (NASDAQ:CGBDL) Sees Significant Increase in Short Interest

Carlyle Secured Lending, Inc. 8.20% Notes due 2028 (NASDAQ:CGBDL) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 4,900 shares, an increase of 11.4% from the August 15th total of 4,400 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is presently 0.3 days.

Carlyle Secured Lending, Inc. 8.20% Notes due 2028 Price Performance

NASDAQ CGBDL traded up $0.01 during mid-day trading on Wednesday, reaching $25.70. 3,201 shares of the company’s stock traded hands, compared to its average volume of 14,666. Carlyle Secured Lending, Inc. 8.20% Notes due 2028 has a 1-year low of $25.00 and a 1-year high of $26.56. The company has a fifty day simple moving average of $25.56 and a 200-day simple moving average of $25.57.

Carlyle Secured Lending, Inc. 8.20% Notes due 2028 Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.5125 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.05 dividend on an annualized basis and a yield of 7.98%.