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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 106 shares, a drop of 78.0% from the December 31st total of 481 shares. Based on an average trading volume of 1,570 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,570 shares, the short-interest ratio is presently 0.1 days.

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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock traded down $0.02 during trading hours on Wednesday, reaching $25.18. 734 shares of the company’s stock traded hands, compared to its average volume of 1,533. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a fifty-two week low of $24.18 and a fifty-two week high of $25.45. The firm’s 50 day moving average is $25.11 and its 200-day moving average is $25.09.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.1641 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%.

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.