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Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) Sees Large Increase in Short Interest

Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 99,100 shares, an increase of 432.8% from the December 15th total of 18,600 shares. Based on an average daily trading volume, of 99,200 […] ....

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Elequin Securities LLC Invests $126,000 in Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC)

Elequin Securities LLC bought a new position in shares of Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Rating) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 10,904 shares of the company’s stock, valued at approximately $126,000. Other institutional investors have also modified […] ....

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IX Acquisition (NASDAQ:IXAQU) Trading 1.7% Higher

Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Rating) announced a monthly dividend on Friday, May 12th, Wall Street Journal reports. Stockholders of record on Monday, May 22nd will be given a dividend of 0.1125 per share on Wednesday, May 31st. This represents a $1.35 annualized dividend and a dividend yield of 11.26%. The […] ....

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Raymond James Financial Services Advisors Inc. Buys 16,402 Shares of Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC)

Raymond James Financial Services Advisors Inc. raised its stake in Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC – Get Rating) by 61.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 43,023 shares of the company’s stock after purchasing an additional 16,402 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings […] ....

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