OFS Credit Company, Inc. (NASDAQ:OCCIO – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 29th total of 100 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is currently 0.2 days.
OFS Credit Stock Up 1.1 %
NASDAQ:OCCIO traded up $0.25 during mid-day trading on Wednesday, reaching $23.88. 1,142 shares of the company were exchanged, compared to its average volume of 1,456. The company has a fifty day moving average of $23.89 and a 200 day moving average of $23.62. OFS Credit has a 12 month low of $22.86 and a 12 month high of $24.48.
OFS Credit Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, July 19th will be given a $0.1276 dividend. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Friday, July 19th.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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