Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Shares Up 0.4% – Here’s Why

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX)’s share price traded up 0.4% on Tuesday . The stock traded as high as $12.96 and last traded at $12.92. 71,369 shares were traded during trading, a decline of 4% from the average session volume of 74,540 shares. The stock had previously closed at $12.87.

Blackstone / GSO Long-Short Credit Income Fund Stock Up 0.4 %

The business has a fifty day moving average price of $12.80 and a two-hundred day moving average price of $12.80.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a $0.097 dividend. The ex-dividend date is Friday, February 21st. This represents a yield of 9.09%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at approximately $4,190,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter worth approximately $593,000. Shaker Financial Services LLC purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the 3rd quarter valued at approximately $193,000. Drive Wealth Management LLC acquired a new position in shares of Blackstone / GSO Long-Short Credit Income Fund in the 3rd quarter valued at $1,352,000. Finally, Advisors Asset Management Inc. boosted its holdings in Blackstone / GSO Long-Short Credit Income Fund by 0.8% during the third quarter. Advisors Asset Management Inc. now owns 337,485 shares of the company’s stock worth $4,316,000 after buying an additional 2,656 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.