OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 2,900 shares, a growth of 262.5% from the February 13th total of 800 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 1.2 days.
OFS Credit Stock Performance
NASDAQ OCCIN traded up $0.08 during trading hours on Friday, hitting $23.89. 3,292 shares of the company’s stock were exchanged, compared to its average volume of 3,071. The business’s 50 day moving average is $23.85 and its 200-day moving average is $23.74. OFS Credit has a 12-month low of $22.34 and a 12-month high of $24.29.
OFS Credit Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, July 21st will be issued a $0.1094 dividend. The ex-dividend date is Monday, July 21st. This represents a $1.31 dividend on an annualized basis and a dividend yield of 5.50%.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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