November 30, 2016 - By Adrian Mccoy · 0 Comments
The stock of Cutwater Select Income Fund (NYSE:CSI) registered an increase of 1600% in short interest. CSI’s total short interest was 3,400 shares in November as published by FINRA. Its up 1600% from 200 shares, reported previously. With 30,000 shares average volume, it will take short sellers 0 days to cover their CSI’s short positions. About 16,091 shares traded hands. Cutwater Select Income Fund (NYSE:CSI) has declined 2.45% since April 27, 2016 and is downtrending. It has underperformed by 7.67% the S&P500.
Cutwater Select Income Fund is a diversified closed-end, management investment company. The company has a market cap of $200.25 million. The primary objective of the Fund is to maintain a high level of income. It currently has negative earnings. The Fund invests in corporate debt securities, asset backed securities, commercial mortgage-backed securities, residential mortgage-backed securities, municipal bonds, the United States treasury securities, common stock, preferred stock, and other assets and liabilities.
More notable recent Cutwater Select Income Fund (NYSE:CSI) news were published by: Marketwatch.com which released: “Cutwater Select Income Fund” on May 01, 2011, also Businesswire.com with their article: “Cutwater Select Income Fund Announces New Investment Advisory Agreement” published on January 16, 2015, Thestreet.com published: “Cutwater Asset Management Announces Rivus Bond Fund (BDF) To Be Renamed …” on December 09, 2011. More interesting news about Cutwater Select Income Fund (NYSE:CSI) were released by: Barrons.com and their article: “How to Play Stocks and Bonds as Rates Rise” published on November 24, 2013 as well as Nasdaq.com‘s news article titled: “BNY Mellon Purchases Cutwater Asset Management from MBIA – Analyst Blog” with publication date: January 06, 2015.
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By Adrian Mccoy