Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Short Interest Up 23.8% in November

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) was the target of a large increase in short interest during the month of 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 volume of 56,000 shares, the short-interest ratio is presently 0.4 days.

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 the company. Hilltop Holdings Inc. lifted its stake in shares of 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 during the last quarter. Advisors Asset Management Inc. lifted its position in Blackstone Senior Floating Rate 2027 Term Fund by 27.4% in the third quarter. Advisors Asset Management Inc. now owns 259,545 shares of the company’s stock valued at $3,665,000 after buying an additional 55,882 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in Blackstone Senior Floating Rate 2027 Term Fund during the third quarter worth about $148,000. Jaffetilchin Investment Partners LLC boosted its stake in Blackstone Senior Floating Rate 2027 Term Fund by 27.9% during the third quarter. Jaffetilchin Investment Partners LLC now owns 30,030 shares of the company’s stock worth $424,000 after buying an additional 6,548 shares during the period. Finally, Leavell Investment Management Inc. increased its position in shares of Blackstone Senior Floating Rate 2027 Term Fund by 8.4% during the third quarter. Leavell Investment Management Inc. now owns 171,225 shares of the company’s stock valued at $2,418,000 after acquiring an additional 13,225 shares during the last quarter.

Blackstone Senior Floating Rate 2027 Term Fund Stock Performance

Shares of NYSE:BSL opened at $14.65 on Monday. Blackstone Senior Floating Rate 2027 Term Fund has a 52-week low of $12.88 and a 52-week high of $14.70. The business has a fifty day moving average of $14.25 and a two-hundred day moving average of $14.18.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were issued a $0.114 dividend. This represents a $1.37 dividend on an annualized basis and a dividend yield of 9.34%. The ex-dividend date was Thursday, November 21st.

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.