Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Short Interest Update

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 25,000 shares, an increase of 23.8% from the October 31st total of 20,200 shares. Based on an average daily trading volume, of 56,000 shares, the short-interest ratio is currently 0.4 days.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.3 %

BSL traded up $0.04 on Monday, hitting $14.69. 45,669 shares of the company’s stock were exchanged, compared to its average volume of 56,486. The firm has a 50-day moving average price of $14.25 and a 200-day moving average price of $14.18. Blackstone Senior Floating Rate 2027 Term Fund has a fifty-two week low of $13.00 and a fifty-two week high of $14.72.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.114 per share. This represents a $1.37 dividend on an annualized basis and a yield of 9.31%. The ex-dividend date of this dividend was Thursday, November 21st.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Several hedge funds and other institutional investors have recently bought and sold shares of BSL. Wolverine Asset Management LLC purchased a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the 3rd quarter worth approximately $148,000. Dynamic Advisor Solutions LLC grew its stake in Blackstone Senior Floating Rate 2027 Term Fund by 6.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 12,077 shares of the company’s stock worth $169,000 after purchasing an additional 731 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 54.6% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 23,482 shares of the company’s stock worth $329,000 after purchasing an additional 8,292 shares during the period. Hilltop Holdings Inc. raised its position in Blackstone Senior Floating Rate 2027 Term Fund by 16.6% in the 3rd quarter. Hilltop Holdings Inc. now owns 42,515 shares of the company’s stock valued at $600,000 after purchasing an additional 6,050 shares in the last quarter. Finally, Shaker Financial Services LLC acquired a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund during the second quarter worth about $835,000.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.