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 decrease in short interest in March. As of March 31st, there was short interest totalling 27,700 shares, a decrease of 14.5% from the March 15th total of 32,400 shares. Based on an average trading volume of 79,800 shares, the days-to-cover ratio is currently 0.3 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Guggenheim Capital LLC grew its holdings in Blackstone / GSO Long-Short Credit Income Fund by 20.0% in the fourth quarter. Guggenheim Capital LLC now owns 606,370 shares of the company’s stock valued at $7,543,000 after purchasing an additional 101,254 shares during the period. Shaker Financial Services LLC grew its stake in shares of Blackstone / GSO Long-Short Credit Income Fund by 357.3% during the 4th quarter. Shaker Financial Services LLC now owns 68,984 shares of the company’s stock valued at $861,000 after buying an additional 53,900 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 75.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 81,375 shares of the company’s stock worth $1,012,000 after buying an additional 35,006 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter worth $404,000. Finally, Janney Montgomery Scott LLC acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the fourth quarter valued at $288,000.

Blackstone / GSO Long-Short Credit Income Fund Stock Up 0.3 %

BGX opened at $11.78 on Monday. Blackstone / GSO Long-Short Credit Income Fund has a 52 week low of $10.71 and a 52 week high of $13.24. The business’s fifty day simple moving average is $12.30 and its 200 day simple moving average is $12.61.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were given a dividend of $0.086 per share. The ex-dividend date was Monday, March 24th. This represents a yield of 8.34%.

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.