OFS Credit Company, Inc. (NASDAQ:OCCIO – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 700 shares, a drop of 30.0% from the August 15th total of 1,000 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 0.5 days.
OFS Credit Trading Up 0.4 %
NASDAQ OCCIO traded up $0.10 on Monday, hitting $24.48. The company’s stock had a trading volume of 1,800 shares, compared to its average volume of 1,513. OFS Credit has a 52-week low of $22.90 and a 52-week high of $24.52. The company’s 50-day simple moving average is $24.33 and its 200 day simple moving average is $24.14.
OFS Credit Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st will be given a $0.1276 dividend. This represents a $1.53 annualized dividend and a dividend yield of 6.25%. The ex-dividend date of this dividend is Tuesday, January 21st.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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