FS Specialty Lending Fund (NYSE:FSSL) Sees Large Decrease in Short Interest

FS Specialty Lending Fund (NYSE:FSSL – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 4,565 shares, a drop of 40.4% from the August 15th total of 7,655 shares. Based on an average daily volume of 217,091 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On FS Specialty Lending Fund

A number of hedge funds have recently modified their holdings of the company. GHP Investment Advisors Inc. purchased a new position in FS Specialty Lending Fund in the first quarter worth approximately $25,000. Main Street Group LTD purchased a new stake in FS Specialty Lending Fund in the first quarter valued at $30,000. Raleigh Capital Management Inc. lifted its stake in shares of FS Specialty Lending Fund by 125.8% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,460 shares of the company’s stock valued at $43,000 after purchasing an additional 1,928 shares during the last quarter. CoreCap Advisors LLC acquired a new position in shares of FS Specialty Lending Fund in the 2nd quarter valued at $61,000. Finally, Smallwood Wealth Investment Management LLC purchased a new position in shares of FS Specialty Lending Fund during the 2nd quarter worth $61,000.

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FS Specialty Lending Fund Stock Performance

NYSE FSSL traded up $0.09 on Wednesday, reaching $11.75. 204,505 shares of the company were exchanged, compared to its average volume of 403,918. The firm has a fifty day simple moving average of $11.39. FS Specialty Lending Fund has a fifty-two week low of $10.75 and a fifty-two week high of $15.00.

FS Specialty Lending Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.1495 per share. This represents a c) annualized dividend and a dividend yield of 15.3%. The ex-dividend date is Wednesday, September 23rd.

FS Specialty Lending Fund, Inc (NYSE: FSSL) is a publicly listed, closed-end management investment company that provides investors with exposure to specialty finance and private credit markets. The fund seeks to generate current income and long‑term capital appreciation primarily through investments in credit instruments, with a focus on lending strategies that complement traditional fixed‑income allocations. It is sponsored and managed by an adviser affiliated with FS Investments.

The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.

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