Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Trading Down 0.3% – Here’s What Happened

Posted by ABMN Staff on Jan 21st, 2025

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) traded down 0.3% during trading on Monday . The stock traded as low as $12.63 and last traded at $12.67. 82,213 shares were traded during mid-day trading, an increase of 29% from the average session volume of 63,656 shares. The stock had previously closed at $12.71.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.3 %

The stock’s fifty day moving average is $12.80 and its 200 day moving average is $12.78.

Blackstone / GSO Long-Short Credit Income Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.097 per share. This represents a dividend yield of 9.09%. The ex-dividend date was Monday, December 23rd.

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

Large investors have recently modified their holdings of the business. Shaker Financial Services LLC bought a new position in Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter valued at approximately $193,000. Janney Montgomery Scott LLC purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the fourth quarter valued at approximately $288,000. Morse Asset Management Inc bought a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at approximately $404,000. J.W. Cole Advisors Inc. purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund in the third quarter worth $593,000. Finally, Drive Wealth Management LLC purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund in the third quarter worth $1,352,000.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

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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.