OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 19 shares. Based on an average daily trading volume, of 4,111 shares, the short-interest ratio is presently 0.0 days.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d)” rating on shares of OFS Credit in a report on Friday, September 11th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Get Our Latest Stock Report on OFS Credit
OFS Credit Stock Down 0.1%
NASDAQ OCCIN traded down $0.03 during trading on Thursday, hitting $24.90. The company had a trading volume of 891 shares, compared to its average volume of 3,138. The company’s fifty day moving average is $24.95 and its 200-day moving average is $24.82. OFS Credit has a one year low of $24.30 and a one year high of $26.00.
OFS Credit Company Profile
OFS Credit Company, Inc is a closed-end investment company that seeks to generate income and, to a lesser extent, capital appreciation by investing primarily in collateralized loan obligations (CLOs). Its portfolio may include CLO equity securities and debt tranches, which are backed by diversified pools of primarily senior secured loans made to corporate borrowers.
The company’s investments generally provide exposure to the U.S. leveraged-loan market and may include securities issued by CLOs managed by a range of third-party investment managers.
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