Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) Short Interest Update

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIKGet Rating) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 375,900 shares, an increase of 25.2% from the June 30th total of 300,300 shares. Based on an average daily trading volume, of 257,600 shares, the short-interest ratio is currently 1.5 days.

Credit Suisse Asset Management Income Fund Price Performance

Credit Suisse Asset Management Income Fund stock opened at $2.83 on Tuesday. Credit Suisse Asset Management Income Fund has a 1 year low of $2.55 and a 1 year high of $3.56.

Credit Suisse Asset Management Income Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 25th. Investors of record on Tuesday, July 19th were issued a $0.0225 dividend. The ex-dividend date of this dividend was Monday, July 18th. This represents a $0.27 dividend on an annualized basis and a yield of 9.54%.

Institutional Investors Weigh In On Credit Suisse Asset Management Income Fund

A number of institutional investors have recently bought and sold shares of CIK. Xcel Wealth Management LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the fourth quarter worth approximately $34,000. Level Four Advisory Services LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the fourth quarter worth approximately $35,000. Paragon Capital Management LLC purchased a new stake in Credit Suisse Asset Management Income Fund during the first quarter worth approximately $44,000. Stratos Wealth Partners LTD. purchased a new stake in Credit Suisse Asset Management Income Fund during the second quarter worth approximately $47,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Credit Suisse Asset Management Income Fund during the fourth quarter worth approximately $72,000. 22.27% of the stock is currently owned by hedge funds and other institutional investors.

Credit Suisse Asset Management Income Fund Company Profile

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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.

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