OFS Credit Company, Inc. (NASDAQ:OCCIO – Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a drop of 66.7% from the March 31st total of 1,500 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 0.6 days.
OFS Credit Trading Up 0.1 %
Shares of OFS Credit stock traded up $0.03 on Thursday, hitting $23.75. 3,313 shares of the company traded hands, compared to its average volume of 1,405. OFS Credit has a 12-month low of $22.86 and a 12-month high of $24.48. The company has a 50-day moving average price of $23.89 and a 200 day moving average price of $23.70.
OFS Credit Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 19th will be paid a $0.1276 dividend. The ex-dividend date is Friday, July 19th. This represents a $1.53 annualized dividend and a dividend yield of 6.45%.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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