Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Short Interest Up 70.0% in February

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 43,000 shares, a growth of 70.0% from the January 31st total of 25,300 shares. Based on an average daily volume of 74,600 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. raised its position in shares of Blackstone / GSO Long-Short Credit Income Fund by 0.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 337,485 shares of the company’s stock worth $4,316,000 after acquiring an additional 2,656 shares in the last quarter. Cetera Investment Advisers grew its stake in Blackstone / GSO Long-Short Credit Income Fund by 7.6% during the fourth quarter. Cetera Investment Advisers now owns 39,444 shares of the company’s stock worth $491,000 after purchasing an additional 2,800 shares during the period. US Bancorp DE bought a new stake in Blackstone / GSO Long-Short Credit Income Fund in the fourth quarter worth approximately $45,000. Landscape Capital Management L.L.C. lifted its stake in Blackstone / GSO Long-Short Credit Income Fund by 2.7% in the third quarter. Landscape Capital Management L.L.C. now owns 153,631 shares of the company’s stock valued at $1,965,000 after buying an additional 4,028 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Blackstone / GSO Long-Short Credit Income Fund by 8.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 55,162 shares of the company’s stock worth $686,000 after buying an additional 4,336 shares in the last quarter.

Blackstone / GSO Long-Short Credit Income Fund Stock Up 0.2 %

Shares of NYSE BGX traded up $0.02 during midday trading on Monday, reaching $12.64. The stock had a trading volume of 73,590 shares, compared to its average volume of 62,076. The company’s 50 day moving average price is $12.74 and its 200 day moving average price is $12.82. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $12.09 and a twelve month high of $13.24.

Blackstone / GSO Long-Short Credit Income Fund Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.097 dividend. The ex-dividend date was Friday, February 21st. This represents a yield of 9.09%.

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.