Short Interest in Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Decreases By 63.0%

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 18,641 shares, a decrease of 63.0% from the April 30th total of 50,360 shares. Based on an average daily volume of 29,855 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. UBS Group AG increased its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 0.6% during the fourth quarter. UBS Group AG now owns 165,007 shares of the company’s stock worth $2,228,000 after buying an additional 959 shares in the last quarter. Harbour Investments Inc. increased its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 520.3% in the fourth quarter. Harbour Investments Inc. now owns 1,861 shares of the company’s stock valued at $25,000 after purchasing an additional 1,561 shares during the period. Sit Investment Associates Inc. acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the fourth quarter valued at $2,887,000. TrueMark Investments LLC increased its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 5.4% in the first quarter. TrueMark Investments LLC now owns 77,909 shares of the company’s stock valued at $1,009,000 after purchasing an additional 3,960 shares during the period. Finally, Royal Bank of Canada increased its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 14.2% in the first quarter. Royal Bank of Canada now owns 18,717 shares of the company’s stock valued at $241,000 after purchasing an additional 2,332 shares during the period.

Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.0%

NYSE BSL traded down $0.01 on Monday, hitting $12.96. 58,610 shares of the company’s stock were exchanged, compared to its average volume of 47,147. The stock has a 50-day moving average of $13.01 and a 200-day moving average of $13.26. Blackstone Senior Floating Rate 2027 Term Fund has a 52 week low of $12.45 and a 52 week high of $14.35.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.084 per share. The ex-dividend date was Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 7.8%.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end management investment company that seeks to provide investors with current income by primarily investing in senior floating-rate loans. Managed by Blackstone Credit, the fund focuses on lending solutions to corporate borrowers, offering exposure to debt instruments designed to adjust with prevailing interest rates. BSL’s structure is designed to mature in 2027, at which point the fund will seek to liquidate its portfolio and distribute proceeds to shareholders.

The fund’s investment strategy centers on senior secured loans and other floating-rate debt issued by U.S.