Blackstone Secured Lending Fund’s recent filing unveils that its Trustee Bass Robert J acquired Company’s shares for reported $50048.0 on May 13 ’25. In the deal valued at $30.78 per share,1,626 shares were bought. As a result of this transaction, Bass Robert J now holds 17,403 shares worth roughly $0.55 million.
Wells Fargo downgraded its Blackstone Secured Lending Fund [BXSL] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Raymond James also remained covering BXSL and has decreased its forecast on February 29, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. JP Morgan revised its rating on October 23, 2023. It rated BXSL as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of BXSL
On Tuesday, Blackstone Secured Lending Fund [NYSE:BXSL] saw its stock fall -0.28% to $31.59. Over the last five days, the stock has lost -1.03%. Blackstone Secured Lending Fund shares have fallen nearly -2.23% since the year began. Nevertheless, the stocks have risen 1.22% over the past one year. While a 52-week high of $34.64 was reached on 02/19/25, a 52-week low of $25.89 was recorded on 04/09/25. SMA at 50 days reached $30.46, while 200 days put it at $31.32.
Levels Of Support And Resistance For BXSL Stock
The 24-hour chart illustrates a support level at 31.29, which if violated will result in even more drops to 31.00. On the upside, there is a resistance level at 31.80. A further resistance level may holdings at 32.02. The Relative Strength Index (RSI) on the 14-day chart is 57.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.36%. Stochastics %K at 69.08% indicates the stock is a holding.
How much short interest is there in Blackstone Secured Lending Fund?
A steep rise in short interest was recorded in Blackstone Secured Lending Fund stocks on 2025-05-15, growing by 0.36 million shares to a total of 4.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 3.92 million shares. There was a rise of 8.47%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 10, 2023 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $29 price target.
