Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Shares Down 0.3% – Here’s What Happened

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX)’s stock price traded down 0.3% during mid-day trading on Monday . The company traded as low as $12.63 and last traded at $12.67. 82,213 shares traded hands during trading, an increase of 29% from the average session volume of 63,656 shares. The stock had previously closed at $12.71.

Blackstone / GSO Long-Short Credit Income Fund Stock Up 0.1 %

The company has a fifty day simple moving average of $12.80 and a 200 day simple moving average of $12.78.

Blackstone / GSO Long-Short Credit Income Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.097 per share. This represents a yield of 9.09%. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of institutional investors have recently made changes to their positions in BGX. Shaker Financial Services LLC purchased a new position in Blackstone / GSO Long-Short Credit Income Fund in the 3rd quarter worth about $193,000. Janney Montgomery Scott LLC bought a new stake in shares of Blackstone / GSO Long-Short Credit Income Fund in the fourth quarter worth approximately $288,000. Morse Asset Management Inc purchased a new position in shares of Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at approximately $404,000. International Assets Investment Management LLC bought a new position in Blackstone / GSO Long-Short Credit Income Fund during the third quarter valued at approximately $4,190,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in Blackstone / GSO Long-Short Credit Income Fund in the third quarter worth approximately $593,000.

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.