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 volume of 56,000 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BSL. Dynamic Advisor Solutions LLC increased its stake in Blackstone Senior Floating Rate 2027 Term Fund by 6.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 12,077 shares of the company’s stock valued at $169,000 after purchasing an additional 731 shares during the last quarter. Leavell Investment Management Inc. increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 14.2% during the 2nd quarter. Leavell Investment Management Inc. now owns 158,000 shares of the company’s stock valued at $2,214,000 after acquiring an additional 19,700 shares during the last quarter. Tranquility Partners LLC lifted its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 4.5% during the 2nd quarter. Tranquility Partners LLC now owns 96,756 shares of the company’s stock worth $1,356,000 after acquiring an additional 4,174 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in shares of Blackstone Senior Floating Rate 2027 Term Fund by 54.6% in the second quarter. Jaffetilchin Investment Partners LLC now owns 23,482 shares of the company’s stock worth $329,000 after acquiring an additional 8,292 shares during the last quarter. Finally, Shaker Financial Services LLC purchased a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the second quarter valued at approximately $835,000.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.3 %

Shares of NYSE BSL opened at $14.65 on Monday. The company has a 50-day simple moving average of $14.25 and a 200-day simple moving average of $14.18. Blackstone Senior Floating Rate 2027 Term Fund has a 12 month low of $12.88 and a 12 month high of $14.70.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

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

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.