FS Specialty Lending Fund (NYSE:FSSL) Sees Large Decrease in Short Interest

FS Specialty Lending Fund (NYSE:FSSL) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 4,565 shares, a decrease of 40.4% from the August 15th total of 7,655 shares. Based on an average trading volume of 217,091 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On FS Specialty Lending Fund

A number of institutional investors have recently bought and sold shares of the stock. Rivernorth Capital Management LLC boosted its position in FS Specialty Lending Fund by 73.7% during the 1st quarter. Rivernorth Capital Management LLC now owns 2,315,114 shares of the company’s stock valued at $28,962,000 after acquiring an additional 981,989 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of FS Specialty Lending Fund in the 1st quarter valued at approximately $3,175,000. Noble Wealth Management PBC bought a new stake in shares of FS Specialty Lending Fund during the second quarter valued at approximately $1,851,000. Riverbridge Partners LLC boosted its position in shares of FS Specialty Lending Fund by 8.1% during the first quarter. Riverbridge Partners LLC now owns 158,283 shares of the company’s stock valued at $1,980,000 after purchasing an additional 11,860 shares in the last quarter. Finally, TrueMark Investments LLC grew its stake in FS Specialty Lending Fund by 127.4% in the first quarter. TrueMark Investments LLC now owns 67,304 shares of the company’s stock worth $842,000 after purchasing an additional 37,706 shares during the period.

FS Specialty Lending Fund Stock Up 1.3%

NYSE:FSSL traded up $0.15 during trading hours on Thursday, hitting $11.94. The company had a trading volume of 210,839 shares, compared to its average volume of 402,833. The company’s 50-day simple moving average is $11.42. FS Specialty Lending Fund has a 52 week low of $10.75 and a 52 week high of $15.00.

FS Specialty Lending Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of $0.1495 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 15.0%.

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.