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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 10,920 shares, an increase of 2,084.0% from the February 26th total of 500 shares. Based on an average daily volume of 3,163 shares, the short-interest ratio is presently 3.5 days. Based on an average daily volume of 3,163 shares, the short-interest ratio is presently 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. purchased 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 Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 approximately 1.4% of Karpus Management Inc.’s portfolio, making the stock its 24th biggest position.

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

NASDAQ OCCIM traded up $0.02 on Tuesday, reaching $24.72. 602 shares of the company’s stock traded hands, compared to its average volume of 2,057. 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 $26.06. The stock has a 50 day moving average price of $25.08 and a 200-day moving average price of $25.08.

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. Stockholders of record on Wednesday, July 15th will be issued a $0.1641 dividend. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Wednesday, July 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.