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

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

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

Shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock traded up $0.02 on Wednesday, hitting $25.10. The stock had a trading volume of 1,615 shares, 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 stock’s 50-day simple moving average is $25.11 and its two-hundred day simple moving average is $25.11.

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

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

Hedge Funds Weigh In On 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 position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 accounts for 1.4% of Karpus Management Inc.’s holdings, making the stock its 24th largest holding.

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.