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

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a significant growth in short interest in the month of 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 trading volume, of 1,802 shares, the days-to-cover ratio is presently 1.6 days.

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

A hedge fund recently bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. bought a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the fourth quarter, according to its most recent disclosure with the SEC. 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 about 1.4% of Karpus Management Inc.’s investment portfolio, making the stock its 24th biggest holding.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Stock Down 0.5%

OCCIM traded down $0.12 during trading on Thursday, hitting $25.01. The company’s stock had a trading volume of 1,219 shares, compared to its average volume of 1,973. 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. The business’s 50 day simple moving average is $25.15 and its 200-day simple moving average is $25.10.

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.