Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Short Interest Down 54.1% in September

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 10,100 shares, a decrease of 54.1% from the September 15th total of 22,000 shares. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is currently 0.1 days.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

Shares of NYSE BGX opened at $11.62 on Monday. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $10.71 and a twelve month high of $13.22. The firm has a 50-day moving average of $12.24 and a two-hundred day moving average of $12.20.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Thursday, November 20th will be issued a $0.081 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Thursday, November 20th.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Guggenheim Capital LLC lifted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 22.2% in the 2nd quarter. Guggenheim Capital LLC now owns 901,070 shares of the company’s stock valued at $11,182,000 after acquiring an additional 163,743 shares during the last quarter. Invesco Ltd. lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 8.2% during the second quarter. Invesco Ltd. now owns 294,313 shares of the company’s stock valued at $3,652,000 after buying an additional 22,240 shares in the last quarter. Drive Wealth Management LLC lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 10.9% during the second quarter. Drive Wealth Management LLC now owns 176,966 shares of the company’s stock valued at $2,196,000 after buying an additional 17,349 shares in the last quarter. Landscape Capital Management L.L.C. lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 8.1% during the first quarter. Landscape Capital Management L.L.C. now owns 147,720 shares of the company’s stock valued at $1,824,000 after buying an additional 11,038 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 7.7% during the second quarter. J.W. Cole Advisors Inc. now owns 116,440 shares of the company’s stock valued at $1,445,000 after buying an additional 8,374 shares in the last quarter.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

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.