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

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,545 shares, a decrease of 94.0% from the December 15th total of 25,892 shares. Based on an average daily volume of 77,932 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 77,932 shares, the days-to-cover ratio is presently 0.0 days.

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

Institutional investors have recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC acquired a new position in Blackstone / GSO Long-Short Credit Income Fund during the fourth quarter worth about $222,000. Bank of America Corp DE boosted its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 2.8% during the 3rd quarter. Bank of America Corp DE now owns 139,593 shares of the company’s stock valued at $1,675,000 after purchasing an additional 3,778 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Blackstone / GSO Long-Short Credit Income Fund by 47.0% in the 3rd quarter. Raymond James Financial Inc. now owns 18,890 shares of the company’s stock worth $227,000 after purchasing an additional 6,042 shares during the last quarter. Comerica Bank raised its holdings 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 purchasing an additional 1,031 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 7.2% during the third quarter. Pathstone Holdings LLC now owns 240,673 shares of the company’s stock valued at $2,888,000 after purchasing an additional 16,267 shares during the last quarter.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

BGX traded up $0.02 on Monday, reaching $11.69. The company had a trading volume of 77,040 shares, compared to its average volume of 79,591. The company has a fifty day moving average of $11.76 and a 200-day moving average of $12.09. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $10.71 and a one year high of $13.02.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a dividend of $0.092 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date is Friday, February 20th.

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.