Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Rating)'s stock price shot up 0.4% during mid-day trading on Monday . The company traded as high as $11.08 and last traded at $11.04. 68,900 shares changed hands during trading, an increase of 29% from the average session volume of 53,306 shares. The stock had previously closed at $11.00.
Blackstone / GSO Long-Short Credit Income Fund Stock Performance
The stock's 50 day simple moving average is $11.18 and its 200-day simple moving average is $11.10.
Get Blackstone / GSO Long-Short Credit Income Fund alerts:Blackstone / GSO Long-Short Credit Income Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Tuesday, May 23rd will be paid a dividend of $0.099 per share. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $1.19 dividend on an annualized basis and a dividend yield of 10.76%.
Institutional Trading of Blackstone / GSO Long-Short Credit Income Fund
Large investors have recently made changes to their positions in the company. Matisse Capital increased its stake in shares of Blackstone / GSO Long-Short Credit Income Fund by 30.5% during the fourth quarter. Matisse Capital now owns 69,365 shares of the company's stock worth $752,000 after buying an additional 16,195 shares during the period. Next Capital Management LLC boosted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 11.8% in the fourth quarter. Next Capital Management LLC now owns 286,933 shares of the company's stock valued at $3,110,000 after purchasing an additional 30,216 shares in the last quarter. Eagle Bay Advisors LLC boosted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 19.5% in the third quarter. Eagle Bay Advisors LLC now owns 10,844 shares of the company's stock valued at $118,000 after purchasing an additional 1,771 shares in the last quarter. Saba Capital Management L.P. acquired a new position in Blackstone / GSO Long-Short Credit Income Fund in the third quarter valued at approximately $978,000. Finally, Logan Stone Capital LLC boosted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 23.5% in the third quarter. Logan Stone Capital LLC now owns 86,522 shares of the company's stock valued at $943,000 after purchasing an additional 16,454 shares in the last quarter.
About Blackstone / GSO Long-Short Credit Income Fund
(Get Rating)
Blackstone Long-Short Credit Income Fund is a diversified and closed-end investment management company. It engages in the provision of current income and capital appreciation. The firm involves in employing long-short strategy positions in a diversified portfolio of loans and fixed income instruments.
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