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

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 39,400 shares, an increase of 36.8% from the February 28th total of 28,800 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is presently 0.7 days.

Blackstone Senior Floating Rate 2027 Term Fund Price Performance

BSL stock opened at $14.10 on Wednesday. The business has a 50 day simple moving average of $14.27 and a 200-day simple moving average of $14.31. Blackstone Senior Floating Rate 2027 Term Fund has a twelve month low of $13.75 and a twelve month high of $14.84.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.097 per share. This represents a yield of 8.25%. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Noble Wealth Management PBC purchased a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund during the fourth quarter worth about $59,000. Comprehensive Money Management Services LLC acquired a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the fourth quarter valued at approximately $472,000. Hilltop Holdings Inc. raised its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 16.6% during the third quarter. Hilltop Holdings Inc. now owns 42,515 shares of the company’s stock worth $600,000 after purchasing an additional 6,050 shares during the last quarter. Virtus ETF Advisers LLC lifted its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 15.6% during the fourth quarter. Virtus ETF Advisers LLC now owns 46,387 shares of the company’s stock worth $665,000 after purchasing an additional 6,271 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Blackstone Senior Floating Rate 2027 Term Fund in the 4th quarter valued at $847,000.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

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.