Short Interest in Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Grows By 47.6%

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) was the recipient of a large increase in short interest in the month of 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 trading volume of 139,660 shares, the short-interest ratio is currently 0.1 days.

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

Large investors have recently bought and sold shares of the company. Comerica Bank increased its holdings in 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 valued at $83,000 after buying an additional 1,031 shares during the period. Osaic Holdings Inc. raised its position 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 buying an additional 1,351 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings 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 during the period. Raymond James Financial Inc. boosted 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 acquiring an additional 1,684 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.1% during the 3rd quarter. UBS Group AG now owns 108,144 shares of the company’s stock worth $1,298,000 after acquiring an additional 2,227 shares in the last quarter.

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

Shares of NYSE BGX opened at $10.62 on Monday. The business has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $11.57. Blackstone / GSO Long-Short Credit Income Fund has a fifty-two week low of $10.38 and a fifty-two week high of $12.65.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be paid a $0.07 dividend. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, May 21st.

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.