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 increase in short interest in the month of September. As of September 15th, there was short interest totalling 75,000 shares, an increase of 21.2% from the August 31st total of 61,900 shares. Based on an average daily volume of 60,600 shares, the short-interest ratio is currently 1.2 days.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

BGX stock traded down $0.08 during trading on Monday, hitting $12.79. The company had a trading volume of 179,859 shares, compared to its average volume of 58,892. The company has a fifty day moving average price of $12.81 and a two-hundred day moving average price of $12.58. Blackstone / GSO Long-Short Credit Income Fund has a fifty-two week low of $10.90 and a fifty-two week high of $13.24.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.101 dividend. This represents a $1.21 annualized dividend and a yield of 9.48%. The ex-dividend date of this dividend is Thursday, November 21st.

Institutional Trading of Blackstone / GSO Long-Short Credit Income Fund

Several institutional investors have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. boosted its stake in Blackstone / GSO Long-Short Credit Income Fund by 25.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 14,186 shares of the company’s stock valued at $176,000 after buying an additional 2,916 shares in the last quarter. GraniteShares Advisors LLC boosted its stake in Blackstone / GSO Long-Short Credit Income Fund by 14.3% in the second quarter. GraniteShares Advisors LLC now owns 168,356 shares of the company’s stock worth $2,093,000 after purchasing an additional 21,000 shares in the last quarter. Catalina Capital Group LLC acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth $149,000. Hennion & Walsh Asset Management Inc. acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth $155,000. Finally, Comerica Bank boosted its stake in Blackstone / GSO Long-Short Credit Income Fund by 11.3% in the first quarter. Comerica Bank now owns 9,800 shares of the company’s stock worth $121,000 after purchasing an additional 995 shares in the last quarter.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.