FS Specialty Lending Fund (NYSE:FSSL – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 71,687 shares, a growth of 102.8% from the June 15th total of 35,356 shares. Based on an average trading volume of 281,751 shares, the days-to-cover ratio is currently 0.3 days.
FS Specialty Lending Fund Stock Down 1.0%
FS Specialty Lending Fund stock traded down $0.11 during mid-day trading on Friday, hitting $10.89. The company had a trading volume of 1,379,051 shares, compared to its average volume of 442,974. FS Specialty Lending Fund has a 1 year low of $10.75 and a 1 year high of $15.00. The business has a fifty day moving average of $11.41.
FS Specialty Lending Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be given a dividend of $0.1375 per share. This represents a c) annualized dividend and a yield of 15.2%. The ex-dividend date of this dividend is Friday, July 24th.
Institutional Trading of FS Specialty Lending Fund
FS Specialty Lending Fund, Inc (NYSE: FSSL) is a publicly listed, closed-end management investment company that provides investors with exposure to specialty finance and private credit markets. The fund seeks to generate current income and long‑term capital appreciation primarily through investments in credit instruments, with a focus on lending strategies that complement traditional fixed‑income allocations. It is sponsored and managed by an adviser affiliated with FS Investments.
The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.
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