Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Stock Price Up 0.9%

Shares of Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGXGet Free Report) shot up 0.9% on Tuesday . The stock traded as high as $11.98 and last traded at $11.98. 60,766 shares changed hands during trading, a decline of 15% from the average session volume of 71,671 shares. The stock had previously closed at $11.87.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

The business has a 50-day moving average price of $11.62 and a 200-day moving average price of $11.52.

Blackstone / GSO Long-Short Credit Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 22nd will be given a dividend of $0.103 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 10.32%. The ex-dividend date is Wednesday, February 21st.

Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of BGX. SkyView Investment Advisors LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund during the 1st quarter valued at about $40,000. JPMorgan Chase & Co. purchased a new position in Blackstone / GSO Long-Short Credit Income Fund during the 2nd quarter valued at about $41,000. Wolverine Asset Management LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund during the 4th quarter valued at about $68,000. Comerica Bank purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund in the 3rd quarter valued at about $109,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund in the 3rd quarter valued at about $124,000.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

(Get Free Report)

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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