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:OCCIMGet Free Report) saw a large decline in short interest in 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 daily volume of 800 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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:OCCIMFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 approximately 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 Stock Down 0.0%

Shares of OCCIM traded down $0.01 during trading hours on Wednesday, hitting $25.14. The stock had a trading volume of 507 shares, compared to its average volume of 1,553. The company’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 has a 52 week low of $24.18 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 disclosed a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.1641 per share. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Wednesday, July 15th.

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.

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