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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) was the recipient of a large 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 trading volume of 3,163 shares, the days-to-cover ratio is currently 3.5 days.

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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock traded up $0.11 during mid-day trading on Thursday, hitting $25.06. The company’s stock had a trading volume of 935 shares, compared to its average volume of 2,033. The business has a 50 day moving average price of $25.07 and a 200-day moving average price of $25.08. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 12 month low of $24.18 and a 12 month high of $26.06.

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

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.1641 dividend. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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 about 1.4% of Karpus Management Inc.’s holdings, making the stock its 24th biggest position.

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.