OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Sees Significant Decline in Short Interest

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 112 shares, a drop of 91.8% from the May 14th total of 1,365 shares. Based on an average daily trading volume, of 2,386 shares, the short-interest ratio is currently 0.0 days.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Trading Down 0.8%

NASDAQ:OCCIM traded down $0.19 on Tuesday, hitting $25.06. The stock had a trading volume of 4,415 shares, compared to its average volume of 2,040. The firm’s fifty day simple moving average is $25.15 and its two-hundred day simple moving average is $25.10. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 1 year low of $24.42 and a 1 year high of $26.06.

Institutional Investors Weigh In On OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock

A hedge fund recently bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. purchased a new position in shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 269,146 shares of the company’s stock, valued at approximately $6,774,000. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock comprises 1.4% of Karpus Management Inc.’s investment portfolio, making the stock its 24th largest holding.

OFS Credit Company, Inc is a closed-end management investment company organized as a Maryland corporation in November 2014 and externally managed by OFS Capital Management, LLC. The firm is structured to provide investors with access to private credit markets by investing primarily in debt instruments of middle-market companies based in the United States.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, unsecured loans, high-yield bonds and other corporate debt obligations.