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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 106 shares, a decline 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 Down 0.1%

OCCIM traded down $0.02 during trading on Friday, reaching $25.18. The stock had a trading volume of 2,621 shares, compared to its average volume of 1,595. The business has a 50-day moving average of $25.12 and a 200-day moving average of $25.09. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a one year low of $24.18 and a one year high of $25.45.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.1641 per share. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend 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.