Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 325,600 shares, a growth of 37.4% from the November 15th total of 237,000 shares. Approximately 0.7% of the company's shares are short sold. Based on an average daily volume of 174,200 shares, the days-to-cover ratio is currently 1.9 days.

Separately, Wells Fargo & Company lowered their price objective on shares of Carlyle Secured Lending from $17.00 to $16.00 and set an "equal weight" rating for the company in a research note on Thursday, November 7th.

Check Out Our Latest Report on CGBD

Shares of Carlyle Secured Lending stock traded up $0.13 on Friday, hitting $17.79. 204,057 shares of the company's stock traded hands, compared to its average volume of 205,537. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.99. The firm's 50-day moving average is $17.10 and its 200 day moving average is $17.31. The stock has a market cap of $905.69 million, a P/E ratio of 9.87 and a beta of 1.59. Carlyle Secured Lending has a 52-week low of $14.76 and a 52-week high of $18.74.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. Carlyle Secured Lending had a return on equity of 12.60% and a net margin of 40.69%. The business had revenue of $55.97 million during the quarter, compared to the consensus estimate of $39.92 million. During the same period last year, the firm earned $0.52 earnings per share. Equities analysts anticipate that Carlyle Secured Lending will post 1.98 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 10.12%. The ex-dividend date is Tuesday, December 31st. Carlyle Secured Lending's payout ratio is 89.39%.

Several institutional investors and hedge funds have recently modified their holdings of CGBD. Great Valley Advisor Group Inc. lifted its position in Carlyle Secured Lending by 5.1% in the second quarter. Great Valley Advisor Group Inc. now owns 11,665 shares of the company's stock worth $207,000 after purchasing an additional 565 shares during the period. Stifel Financial Corp lifted its holdings in shares of Carlyle Secured Lending by 3.6% in the third quarter. Stifel Financial Corp now owns 30,274 shares of the company's stock valued at $514,000 after buying an additional 1,039 shares during the period. Verdence Capital Advisors LLC lifted its holdings in shares of Carlyle Secured Lending by 5.0% in the second quarter. Verdence Capital Advisors LLC now owns 29,152 shares of the company's stock valued at $517,000 after buying an additional 1,400 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Carlyle Secured Lending by 5.0% during the third quarter. Rockefeller Capital Management L.P. now owns 31,058 shares of the company's stock worth $527,000 after acquiring an additional 1,490 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Carlyle Secured Lending by 8.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,150 shares of the company's stock worth $325,000 after acquiring an additional 1,546 shares in the last quarter. Institutional investors own 24.51% of the company's stock.

Carlyle Secured Lending, Inc is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector.

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