Short Interest in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Rises By 2,442.0%

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,847 shares, a growth of 2,442.0% from the May 31st total of 112 shares. Based on an average daily volume of 1,802 shares, the short-interest ratio is presently 1.6 days.

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

OCCIM traded down $0.37 during midday trading on Friday, reaching $24.94. The company had a trading volume of 422 shares, compared to its average volume of 1,958. The business has a 50-day moving average of $25.14 and a two-hundred day moving average of $25.10. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 1 year low of $24.42 and a 1 year high of $26.06.

Institutional Investors Weigh In On OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock

A hedge fund recently bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. bought a new position in shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 1.4% of Karpus Management Inc.’s portfolio, making the stock its 24th largest holding.

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.