Short Interest in FS Specialty Lending Fund (NYSE:FSSL) Drops By 49.0%

FS Specialty Lending Fund (NYSE:FSSL) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 13,629 shares, a decrease of 49.0% from the May 14th total of 26,699 shares. Based on an average daily volume of 292,792 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On FS Specialty Lending Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BIP Wealth LLC raised its stake in FS Specialty Lending Fund by 4.5% in the 1st quarter. BIP Wealth LLC now owns 23,283 shares of the company’s stock worth $291,000 after acquiring an additional 999 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in FS Specialty Lending Fund by 9.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 12,283 shares of the company’s stock worth $154,000 after acquiring an additional 1,020 shares during the last quarter. Raleigh Capital Management Inc. raised its stake in 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 worth $43,000 after acquiring an additional 1,928 shares during the last quarter. GHP Investment Advisors Inc. purchased a new position in FS Specialty Lending Fund in the 1st quarter worth $25,000. Finally, Main Street Group LTD purchased a new position in FS Specialty Lending Fund in the 1st quarter worth $30,000.

FS Specialty Lending Fund Trading Down 0.3%

Shares of FSSL traded down $0.03 during midday trading on Friday, hitting $11.33. 201,450 shares of the company’s stock traded hands, compared to its average volume of 468,073. The company’s fifty day moving average is $11.91. FS Specialty Lending Fund has a 1 year low of $11.00 and a 1 year high of $15.00.

FS Specialty Lending Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be paid a $0.1375 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 14.6%.

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.