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

FS Specialty Lending Fund (NYSE:FSSL) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 35,356 shares, a growth of 159.4% from the May 31st total of 13,629 shares. Based on an average trading volume of 272,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On FS Specialty Lending Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Rivernorth Capital Management LLC raised its holdings in shares of FS Specialty Lending Fund by 73.7% during the first quarter. Rivernorth Capital Management LLC now owns 2,315,114 shares of the company’s stock valued at $28,962,000 after acquiring an additional 981,989 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of FS Specialty Lending Fund during the 1st quarter worth approximately $3,175,000. Riverbridge Partners LLC grew its holdings in shares of FS Specialty Lending Fund by 8.1% during the 1st quarter. Riverbridge Partners LLC now owns 158,283 shares of the company’s stock worth $1,980,000 after acquiring an additional 11,860 shares during the period. TrueMark Investments LLC raised its position in shares of FS Specialty Lending Fund by 127.4% in the 1st quarter. TrueMark Investments LLC now owns 67,304 shares of the company’s stock worth $842,000 after acquiring an additional 37,706 shares in the last quarter. Finally, Absolute Investment Advisers LLC purchased a new position in shares of FS Specialty Lending Fund in the 1st quarter valued at approximately $834,000.

FS Specialty Lending Fund Stock Performance

Shares of FSSL stock traded down $0.10 on Tuesday, hitting $11.10. 200,418 shares of the company’s stock traded hands, compared to its average volume of 449,185. The firm’s fifty day moving average is $11.68. FS Specialty Lending Fund has a one year low of $10.81 and a one year high of $15.00.

FS Specialty Lending Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.1375 per share. This represents a c) annualized dividend and a yield of 14.9%. The ex-dividend date is Tuesday, June 23rd.

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.