Short Interest in Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Decreases By 5.8%

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 14,700 shares, a decrease of 5.8% from the June 15th total of 15,600 shares. Based on an average daily volume of 49,200 shares, the short-interest ratio is currently 0.3 days.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.3 %

Blackstone Senior Floating Rate 2027 Term Fund stock traded up $0.04 on Wednesday, hitting $14.15. The company’s stock had a trading volume of 18,229 shares, compared to its average volume of 58,830. The company has a fifty day moving average price of $14.13 and a 200-day moving average price of $14.00. Blackstone Senior Floating Rate 2027 Term Fund has a one year low of $12.50 and a one year high of $14.56.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 23rd will be given a $0.114 dividend. This represents a $1.37 dividend on an annualized basis and a yield of 9.67%. The ex-dividend date of this dividend is Friday, August 23rd.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Next Capital Management LLC boosted its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 6.4% in the 4th quarter. Next Capital Management LLC now owns 12,947 shares of the company’s stock worth $173,000 after acquiring an additional 781 shares in the last quarter. Leavell Investment Management Inc. grew its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 2.6% during the fourth quarter. Leavell Investment Management Inc. now owns 121,200 shares of the company’s stock worth $1,632,000 after purchasing an additional 3,120 shares during the last quarter. Signaturefd LLC increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 382.2% in the fourth quarter. Signaturefd LLC now owns 10,508 shares of the company’s stock valued at $140,000 after buying an additional 8,329 shares in the last quarter. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund in the fourth quarter valued at $146,000. Finally, Arlington Capital Management Inc. bought a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the fourth quarter valued at about $232,000.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.