Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Short Interest Update

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 3,224 shares, a growth of 108.7% from the December 31st total of 1,545 shares. Based on an average trading volume of 69,064 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 69,064 shares, the short-interest ratio is currently 0.0 days.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.5%

Shares of NYSE:BGX traded down $0.06 during midday trading on Friday, reaching $11.52. 129,693 shares of the company’s stock traded hands, compared to its average volume of 73,879. Blackstone / GSO Long-Short Credit Income Fund has a 1 year low of $10.71 and a 1 year high of $13.02. The company has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $12.02.

Blackstone / GSO Long-Short Credit Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be paid a $0.092 dividend. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Investors Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in BGX. Comerica Bank raised its stake in Blackstone / GSO Long-Short Credit Income Fund by 17.5% in the third quarter. Comerica Bank now owns 6,930 shares of the company’s stock valued at $83,000 after buying an additional 1,031 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 9.3% in the 2nd quarter. Osaic Holdings Inc. now owns 15,885 shares of the company’s stock valued at $197,000 after acquiring an additional 1,351 shares during the last quarter. Wolverine Asset Management LLC raised its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 64,184 shares of the company’s stock worth $770,000 after acquiring an additional 1,413 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 15.1% during the 2nd quarter. Raymond James Financial Inc. now owns 12,848 shares of the company’s stock worth $159,000 after buying an additional 1,684 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.6% in the 2nd quarter. Shaker Financial Services LLC now owns 79,194 shares of the company’s stock valued at $983,000 after buying an additional 2,020 shares in the last quarter.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.