Short Interest in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Drops By 61.6%

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,138 shares, a decline of 61.6% from the April 15th total of 2,964 shares. Based on an average daily trading volume, of 869 shares, the short-interest ratio is currently 1.3 days.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Stock Up 0.1%

Shares of OCCIM traded up $0.02 during mid-day trading on Thursday, hitting $25.47. The company’s stock had a trading volume of 5,201 shares, compared to its average volume of 1,937. The stock’s 50-day moving average is $24.99 and its two-hundred day moving average is $25.08. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a one year low of $24.42 and a one year high of $26.06.

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

An institutional investor recently bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. purchased a new stake in shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 approximately 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.