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

Credit Suisse Asset Management Income Fund, Inc. (NYSEAMERICAN:CIK) saw a significant increase in short interest in 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 daily volume of 573,900 shares, the days-to-cover ratio is presently 0.3 days.

Credit Suisse Asset Management Income Fund Trading Down 1.0 %

CIK stock opened at $2.89 on Friday. Credit Suisse Asset Management Income Fund has a 12-month low of $2.82 and a 12-month high of $3.19.

Institutional Trading of Credit Suisse Asset Management Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. IMS Capital Management increased its position in shares of Credit Suisse Asset Management Income Fund by 63.3% during the second quarter. IMS Capital Management now owns 194,581 shares of the company’s stock worth $597,000 after acquiring an additional 75,404 shares during the period. Fiera Capital Corp increased its holdings in Credit Suisse Asset Management Income Fund by 555.2% during the 3rd quarter. Fiera Capital Corp now owns 166,450 shares of the company’s stock worth $514,000 after purchasing an additional 141,044 shares during the period. B. Riley Wealth Advisors Inc. raised its position in Credit Suisse Asset Management Income Fund by 14.2% in the 2nd 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 in the last quarter. Fortis Group Advisors LLC purchased a new position in shares of Credit Suisse Asset Management Income Fund in the 3rd quarter valued at about $39,000. Finally, Jane Street Group LLC acquired a new position in shares of Credit Suisse Asset Management Income Fund during the third quarter worth about $37,000. 29.49% of the stock is currently owned by hedge funds and other institutional investors.

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.