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 growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,224 shares, a growth of 108.7% from the December 31st total of 1,545 shares. Based on an average trading volume of 69,064 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 69,064 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth $34,000. Noble Wealth Management PBC purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund during the 4th quarter worth about $72,000. Comerica Bank boosted its stake 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 worth $83,000 after purchasing an additional 1,031 shares during the period. First Trust Advisors LP purchased a new position in Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter valued at about $124,000. Finally, Ethos Financial Group LLC bought a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at about $159,000.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

Shares of NYSE:BGX opened at $11.54 on Friday. The company’s 50-day moving average is $11.73 and its 200 day moving average is $12.01. Blackstone / GSO Long-Short Credit Income Fund has a fifty-two week low of $10.71 and a fifty-two week high of $13.02.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The company 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 $0.092 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a yield of 9.6%.

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.