BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Short Interest Update

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 70,100 shares, a decrease of 70.5% from the January 15th total of 237,300 shares. Based on an average daily volume of 233,700 shares, the short-interest ratio is presently 0.3 days.

BlackRock Debt Strategies Fund Trading Down 0.0 %

NYSE:DSU traded down $0.01 during midday trading on Wednesday, reaching $10.76. 119,177 shares of the stock traded hands, compared to its average volume of 248,129. BlackRock Debt Strategies Fund has a 12-month low of $10.11 and a 12-month high of $11.40. The business has a 50-day moving average of $10.78 and a two-hundred day moving average of $10.86.

BlackRock Debt Strategies Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.0987 per share. The ex-dividend date is Friday, February 14th. This represents a $1.18 dividend on an annualized basis and a yield of 11.02%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Darwin Wealth Management LLC acquired a new stake in shares of BlackRock Debt Strategies Fund in the third quarter worth $103,000. Ameritas Advisory Services LLC acquired a new stake in shares of BlackRock Debt Strategies Fund in the fourth quarter worth $109,000. Private Advisor Group LLC purchased a new position in BlackRock Debt Strategies Fund during the third quarter valued at $111,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in BlackRock Debt Strategies Fund during the fourth quarter valued at $116,000. Finally, SeaCrest Wealth Management LLC lifted its holdings in BlackRock Debt Strategies Fund by 15.8% during the third quarter. SeaCrest Wealth Management LLC now owns 11,800 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 1,608 shares in the last quarter. Institutional investors and hedge funds own 24.29% of the company’s stock.

BlackRock Debt Strategies Fund Company Profile

BlackRock Debt Strategies Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality.