OFS Credit Company, Inc. (NASDAQ:OCCIN) Stock Short Interest Report for September

OFS Credit Company, Inc. (NASDAQ:OCCIN) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 19 shares. Based on an average trading volume of 4,111 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of OFS Credit in a research report on Friday, September 11th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

OFS Credit Trading Down 0.2%

Shares of NASDAQ:OCCIN traded down $0.06 during trading hours on Wednesday, reaching $24.94. The stock had a trading volume of 2,301 shares, compared to its average volume of 3,150. OFS Credit has a 1 year low of $24.30 and a 1 year high of $26.00. The firm’s 50 day moving average is $24.95 and its 200-day moving average is $24.82.

OFS Credit Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be issued a $0.1094 dividend. This represents a $1.31 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, December 15th.

OFS Credit Company Profile

OFS Credit Company, Inc is a closed-end investment company that seeks to generate income and, to a lesser extent, capital appreciation by investing primarily in collateralized loan obligations (CLOs). Its portfolio may include CLO equity securities and debt tranches, which are backed by diversified pools of primarily senior secured loans made to corporate borrowers.

The company’s investments generally provide exposure to the U.S. leveraged-loan market and may include securities issued by CLOs managed by a range of third-party investment managers.