Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Stock Price Up 0.1%

Shares of Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGXGet Free Report) shot up 0.1% during trading on Friday . The stock traded as high as $12.60 and last traded at $12.60. 36,278 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 55,702 shares. The stock had previously closed at $12.59.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

The company has a 50-day moving average of $12.54 and a two-hundred day moving average of $12.17.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 23rd will be issued a $0.105 dividend. The ex-dividend date is Friday, August 23rd. This represents a $1.26 dividend on an annualized basis and a dividend yield of 10.00%.

Institutional Investors Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors have recently added to or reduced their stakes in BGX. Advisors Asset Management Inc. grew its stake in Blackstone / GSO Long-Short Credit Income Fund by 149.6% during the first quarter. Advisors Asset Management Inc. now owns 253,571 shares of the company’s stock worth $3,121,000 after buying an additional 151,969 shares during the period. GraniteShares Advisors LLC boosted its position in Blackstone / GSO Long-Short Credit Income Fund by 14.6% during the 1st quarter. GraniteShares Advisors LLC now owns 147,356 shares of the company’s stock worth $1,814,000 after purchasing an additional 18,760 shares during the period. Shaker Financial Services LLC increased its holdings in Blackstone / GSO Long-Short Credit Income Fund by 8.1% in the 4th quarter. Shaker Financial Services LLC now owns 68,753 shares of the company’s stock valued at $794,000 after purchasing an additional 5,164 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund in the fourth quarter valued at about $3,110,000. Finally, Tidal Investments LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund in the first quarter valued at about $314,000.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

(Get Free Report)

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.

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