Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 276,100 shares, a decline of 31.5% from the February 13th total of 402,800 shares. Based on an average daily trading volume, of 203,800 shares, the short-interest ratio is currently 1.4 days.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE acquired a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at approximately $45,000. Spire Wealth Management acquired a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at approximately $67,000. Elequin Capital LP acquired a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at approximately $103,000. Citadel Advisors LLC acquired a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at approximately $127,000. Finally, Apollon Wealth Management LLC acquired a new position in Blackstone Strategic Credit 2027 Term Fund during the fourth quarter valued at approximately $148,000.
Blackstone Strategic Credit 2027 Term Fund Trading Up 0.6 %
NYSE BGB opened at $12.11 on Tuesday. Blackstone Strategic Credit 2027 Term Fund has a 1-year low of $11.58 and a 1-year high of $12.69. The company has a 50 day moving average of $12.34 and a 200-day moving average of $12.36.
Blackstone Strategic Credit 2027 Term Fund Dividend Announcement
About Blackstone Strategic Credit 2027 Term Fund
Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities.
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