Short Interest in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Decreases By 89.3%

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 11 shares, a decline of 89.3% from the January 29th total of 103 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 800 shares, the short-interest ratio is currently 0.0 days.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Price Performance

Shares of OCCIM stock traded down $0.01 during trading hours on Wednesday, reaching $25.14. 507 shares of the company were exchanged, compared to its average volume of 1,553. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a fifty-two week low of $24.18 and a fifty-two week high of $26.06. The stock’s fifty day moving average is $25.20 and its two-hundred day moving average is $25.12.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.1641 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 7.8%.

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. acquired a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 accounts for approximately 1.4% of Karpus Management Inc.’s investment portfolio, making the stock its 24th biggest position.

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.