Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Rating)'s stock price traded up 0.7% during trading on Thursday . The company traded as high as $12.67 and last traded at $12.63. 47,381 shares traded hands during trading, a decline of 4% from the average session volume of 49,469 shares. The stock had previously closed at $12.54.
Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.7 %
The stock has a fifty day simple moving average of $11.83 and a 200 day simple moving average of $12.80.
Get Blackstone / GSO Long-Short Credit Income Fund alerts:Blackstone / GSO Long-Short Credit Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 24th will be issued a dividend of $0.079 per share. The ex-dividend date of this dividend is Tuesday, August 23rd. This represents a $0.95 dividend on an annualized basis and a yield of 7.51%.
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. Advisors Asset Management Inc. increased its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 14.6% in the second quarter. Advisors Asset Management Inc. now owns 336,629 shares of the company's stock worth $3,871,000 after purchasing an additional 42,967 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 421.0% in the first quarter. Janney Montgomery Scott LLC now owns 289,640 shares of the company's stock worth $3,893,000 after purchasing an additional 234,049 shares during the last quarter. Rivernorth Capital Management LLC bought a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund in the first quarter worth about $3,102,000. Next Capital Management LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund in the second quarter worth about $2,640,000. Finally, Cohen & Steers Inc. grew its position in Blackstone / GSO Long-Short Credit Income Fund by 1.1% in the first quarter. Cohen & Steers Inc. now owns 214,821 shares of the company's stock worth $2,887,000 after acquiring an additional 2,234 shares in the last quarter.Blackstone / GSO Long-Short Credit Income Fund Company Profile
(Get Rating)
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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