OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Short Interest Up 2,084.0% in March

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 10,920 shares, a growth of 2,084.0% from the February 26th total of 500 shares. Based on an average daily trading volume, of 3,163 shares, the short-interest ratio is currently 3.5 days. Based on an average daily trading volume, of 3,163 shares, the short-interest ratio is currently 3.5 days.

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

An institutional investor recently bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. acquired a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 1.4% of Karpus Management Inc.’s holdings, making the stock its 24th biggest holding.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Trading Up 0.1%

Shares of OCCIM stock traded up $0.02 during mid-day trading on Tuesday, hitting $24.72. 602 shares of the stock were exchanged, compared to its average volume of 2,057. The firm has a fifty day moving average of $25.08 and a 200 day moving average of $25.08. 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 Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.1641 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 8.0%.

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.