FS Specialty Lending Fund (NYSE:FSSL) Sees Significant Decline in Short Interest

FS Specialty Lending Fund (NYSE:FSSL) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,693 shares, a drop of 97.6% from the July 15th total of 366,807 shares. Based on an average daily trading volume, of 435,686 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On FS Specialty Lending Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GHP Investment Advisors Inc. bought a new position in shares of FS Specialty Lending Fund during the 1st quarter worth about $25,000. Main Street Group LTD bought a new stake in FS Specialty Lending Fund in the 1st quarter valued at about $30,000. Raleigh Capital Management Inc. raised its stake in FS Specialty Lending Fund by 125.8% during the 1st quarter. Raleigh Capital Management Inc. now owns 3,460 shares of the company’s stock worth $43,000 after buying an additional 1,928 shares during the period. CoreCap Advisors LLC acquired a new position in FS Specialty Lending Fund during the 2nd quarter worth approximately $61,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in FS Specialty Lending Fund in the first quarter worth approximately $112,000.

FS Specialty Lending Fund Stock Up 1.1%

Shares of NYSE:FSSL traded up $0.12 during mid-day trading on Tuesday, hitting $11.36. The company had a trading volume of 234,654 shares, compared to its average volume of 432,129. The company has a fifty day moving average of $11.20. FS Specialty Lending Fund has a one year low of $10.75 and a one year high of $15.00.

FS Specialty Lending Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 24th were issued a $0.1375 dividend. This represents a c) dividend on an annualized basis and a yield of 14.5%. The ex-dividend date was Friday, July 24th.

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.