FS Specialty Lending Fund (NYSE:FSSL) Short Interest Update

by · The Cerbat Gem

FS Specialty Lending Fund (NYSE:FSSL – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 71,687 shares, an increase of 102.8% from the June 15th total of 35,356 shares. Based on an average daily volume of 281,751 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of FS Specialty Lending Fund

Several hedge funds have recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. purchased a new position in FS Specialty Lending Fund in the first quarter worth approximately $25,000. Main Street Group LTD purchased a new stake in shares of FS Specialty Lending Fund in the 1st quarter valued at approximately $30,000. Raleigh Capital Management Inc. increased its position in shares of FS Specialty Lending Fund by 125.8% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,460 shares of the company’s stock valued at $43,000 after purchasing an additional 1,928 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of FS Specialty Lending Fund in the 2nd quarter valued at $61,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of FS Specialty Lending Fund in the 1st quarter valued at $112,000.

FS Specialty Lending Fund Price Performance

FSSL stock traded up $0.24 during mid-day trading on Wednesday, reaching $11.07. The company had a trading volume of 581,759 shares, compared to its average volume of 442,725. The company has a fifty day moving average of $11.42. FS Specialty Lending Fund has a fifty-two week low of $10.75 and a fifty-two week high of $15.00.

FS Specialty Lending Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be paid a dividend of $0.1375 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date is Friday, July 24th.

FS Specialty Lending Fund, Inc (NYSE: FSSL) is a publicly listed, closed-end management investment company that provides investors with exposure to specialty finance and private credit markets. The fund seeks to generate current income and long‑term capital appreciation primarily through investments in credit instruments, with a focus on lending strategies that complement traditional fixed‑income allocations. It is sponsored and managed by an adviser affiliated with FS Investments.

The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.

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