Ares Dynamic Credit Allocation Fund Stock Forecast, Price & News

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Ares Dynamic Credit Allocation Fund saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 59,100 shares, an increase of 45.9% from the June 30th total of 40,500 shares. Based on an average daily trading volume, of 82,300 shares, the days-to-cover ratio is presently 0.7 days.
View Ares Dynamic Credit Allocation Fund's Short Interest.

Ares Dynamic Credit Allocation Fund's stock was trading at $12.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARDC stock has increased by 24.2% and is now trading at $15.86.
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Ares Dynamic Credit Allocation Fund announced a monthly dividend on Friday, July 9th. Investors of record on Monday, July 19th will be given a dividend of $0.097 per share on Friday, July 30th. This represents a $1.16 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date is Friday, July 16th.
View Ares Dynamic Credit Allocation Fund's dividend history.

Ares Dynamic Credit Allocation Fund pays an annual dividend of $1.29 per share and currently has a dividend yield of 0.09%.
View Ares Dynamic Credit Allocation Fund's dividend history.

Some companies that are related to Ares Dynamic Credit Allocation Fund include (TLI.L) (TLI), 578896 (INB.L) (INB), Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT) and BlackRock Limited Duration Income Trust (BLW).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Dynamic Credit Allocation Fund investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), AbbVie (ABBV), Ares Capital (ARCC), Energy Transfer (ET), KKR Income Opportunities Fund (KIO), PIMCO Dynamic Credit and Mortgage Income Fund (PCI), PIMCO Income Strategy Fund (PFL) and Barings Global Short Duration High Yield Fund (BGH).

Ares Dynamic Credit Allocation Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARDC."

Shares of ARDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARDC stock can currently be purchased for approximately $15.86.

The official website for Ares Dynamic Credit Allocation Fund is www.arespublicfunds.com.

The company can be reached via phone at 310-201-4100.