OFS Capital Co. 4.95% Notes due 2028 (NASDAQ:OFSSH) Sees Large Growth in Short Interest

OFS Capital Co. 4.95% Notes due 2028 (NASDAQ:OFSSH) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,637 shares, a growth of 107.8% from the August 15th total of 2,231 shares. Based on an average trading volume of 1,703 shares, the days-to-cover ratio is currently 2.7 days.

OFS Capital Co. 4.95% Notes due 2028 Stock Down 0.7%

NASDAQ OFSSH traded down $0.17 during trading hours on Wednesday, hitting $23.76. 306 shares of the company’s stock traded hands, compared to its average volume of 4,171. OFS Capital Co. 4.95% Notes due 2028 has a 52-week low of $22.60 and a 52-week high of $24.10. The firm’s 50-day moving average is $23.67 and its 200-day moving average is $23.63.

OFS Capital Co. 4.95% Notes due 2028 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were issued a dividend of $0.3094 per share. This represents a $1.24 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Wednesday, July 15th.

OFS Capital Co. 4.95% Notes due 2028 Company Profile

OFS Capital Co 4.95% Notes due 2028 (NASDAQ: OFSSH) are senior unsecured debt securities issued by OFS Capital Co, a wholly owned financing subsidiary of OFS Capital Corporation. The notes bear a fixed interest rate of 4.95% per annum, with interest payable semi‐annually, and mature in 2028. They are guaranteed on a senior unsecured basis by OFS Capital Corporation, a closed-end management investment company organized as a business development company under the Investment Company Act of 1940.

OFS Capital Corporation specializes in providing customized debt and equity financing solutions to U.S.