OFS Credit Company, Inc. (NASDAQ:OCCIO – Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,200 shares, a growth of 71.4% from the February 13th total of 700 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 1.3 days.
OFS Credit Stock Up 0.2 %
OCCIO stock traded up $0.06 during midday trading on Friday, hitting $24.78. The company’s stock had a trading volume of 823 shares, compared to its average volume of 1,460. The company’s fifty day moving average price is $24.73 and its 200 day moving average price is $24.68. OFS Credit has a twelve month low of $23.60 and a twelve month high of $24.99.
OFS Credit Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 21st will be given a dividend of $0.1276 per share. This represents a $1.53 annualized dividend and a dividend yield of 6.18%. The ex-dividend date is Monday, July 21st.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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