Short Interest in FS Specialty Lending Fund (NYSE:FSSL) Rises By 159.4%

FS Specialty Lending Fund (NYSE:FSSL) saw a significant growth in short interest during the month of 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 daily trading volume, of 272,400 shares, the days-to-cover ratio is presently 0.1 days.

FS Specialty Lending Fund Stock Up 0.4%

NYSE:FSSL opened at $10.90 on Monday. The company has a fifty day moving average of $11.70. FS Specialty Lending Fund has a 12-month low of $10.81 and a 12-month high of $15.00.

FS Specialty Lending Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd will be issued a $0.1375 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 15.1%. The ex-dividend date is Tuesday, June 23rd.

Hedge Funds Weigh In On FS Specialty Lending Fund

Institutional investors and hedge funds have recently modified their holdings of the company. GHP Investment Advisors Inc. purchased a new position in FS Specialty Lending Fund in the first quarter valued at $25,000. Main Street Group LTD acquired a new position in shares of FS Specialty Lending Fund during the 1st quarter worth about $30,000. Raleigh Capital Management Inc. boosted its position in shares of 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 acquiring an additional 1,928 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of FS Specialty Lending Fund in the 1st quarter valued at about $112,000. Finally, Apella Capital LLC purchased a new position in shares of FS Specialty Lending Fund in the 1st quarter valued at about $128,000.

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.