OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Short Interest Down 45.0% in July

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

Institutional Trading of 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 stake in shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) in the fourth quarter, according to the company in its most recent disclosure with the 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 makes up approximately 1.4% of Karpus Management Inc.’s holdings, making the stock its 24th largest position.

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

NASDAQ:OCCIM traded up $0.02 during mid-day trading on Wednesday, hitting $25.10. 1,615 shares of the company’s stock were exchanged, compared to its average volume of 1,856. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a one year low of $24.42 and a one year high of $26.06. The business has a fifty day moving average price of $25.11 and a 200 day moving average price of $25.11.

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

The business also recently declared a monthly dividend, which will be paid on Friday, January 29th. Stockholders of record on Friday, January 15th will be given a $0.1641 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Friday, January 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.