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

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 11,610 shares, an increase of 47.6% from the February 26th total of 7,864 shares. Based on an average daily trading volume, of 139,660 shares, the days-to-cover ratio is currently 0.1 days.

Blackstone / GSO Long-Short Credit Income Fund Stock Down 0.0%

BGX traded down $0.01 during trading on Friday, reaching $10.62. The stock had a trading volume of 137,705 shares, compared to its average volume of 104,127. The business has a 50-day moving average of $11.08 and a 200-day moving average of $11.58. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $10.38 and a one year high of $12.65.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.07 per share. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Thursday, May 21st.

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

Several institutional investors have recently added to or reduced their stakes in BGX. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth about $34,000. Noble Wealth Management PBC bought a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund in the 4th quarter worth approximately $72,000. Comerica Bank grew its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 17.5% in the 3rd quarter. Comerica Bank now owns 6,930 shares of the company’s stock worth $83,000 after buying an additional 1,031 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at approximately $124,000. Finally, XTX Topco Ltd bought a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the fourth quarter valued at approximately $137,000.

About Blackstone / GSO Long-Short Credit Income Fund

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.