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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,744 shares, a decrease of 45.0% from the June 30th total of 3,173 shares. Based on an average daily volume of 1,157 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock

An institutional investor 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 shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor 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 makes up about 1.4% of Karpus Management Inc.’s portfolio, making the stock its 24th largest position.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Trading Down 0.3%

Shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock traded down $0.08 during trading on Thursday, reaching $25.02. 1,615 shares of the stock traded hands, compared to its average volume of 1,856. The business has a fifty day simple moving average of $25.11 and a two-hundred day simple moving average of $25.11. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 52-week low of $24.42 and a 52-week high of $26.06.

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

The company also recently declared a monthly dividend, which will be paid on Friday, January 29th. Investors of record on Friday, January 15th will be paid a dividend of $0.1641 per share. The ex-dividend date of this dividend is Friday, January 15th. This represents a c) dividend on an annualized basis and a yield of 7.9%.

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.