OFS Credit (NASDAQ:OCCI) Downgraded by Zacks Investment Research
According to Zacks, “OFS Credit Company Inc. operates as a closed-end management investment company. It primarily focuses on investing in debt and subordinated securities; corporate credit investments including leveraged loans and high yield bonds; opportunistic credit investments. OFS Credit Company Inc. is based in Chicago, United States. “
NASDAQ:OCCI opened at $17.83 on Friday. OFS Credit has a 1 year low of $13.75 and a 1 year high of $19.00. The company has a 50 day moving average of $18.03.
A hedge fund recently raised its stake in OFS Credit stock. Thomas J. Herzfeld Advisors Inc. lifted its holdings in OFS Credit Company Inc (NASDAQ:OCCI) by 6.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 303,497 shares of the company’s stock after buying an additional 18,661 shares during the quarter. OFS Credit makes up about 2.0% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 13th biggest position. Thomas J. Herzfeld Advisors Inc. owned 12.12% of OFS Credit worth $5,417,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.98% of the company’s stock.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
Featured Story: How can you know how many shares are floating?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for OFS Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFS Credit and related companies with MarketBeat.com's FREE daily email newsletter.