Short Interest in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) Decreases By 91.8%

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 112 shares, a decline of 91.8% from the May 14th total of 1,365 shares. Based on an average daily trading volume, of 2,386 shares, the days-to-cover ratio is presently 0.0 days.

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

OCCIM traded down $0.03 during trading on Thursday, hitting $25.03. The stock had a trading volume of 520 shares, compared to its average volume of 2,023. The company’s 50-day moving average price is $25.15 and its 200 day moving average price is $25.10. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a twelve month low of $24.42 and a twelve month high of $26.06.

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

A hedge fund recently bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. purchased a new position in shares of 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 Securities and Exchange Commission. The institutional investor 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 investment portfolio, making the stock its 24th biggest position.

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.