Integrity Alliance LLC. Acquires New Holdings in FS Credit Opportunities Corp. $FSCO

Key Points

• Integrity Alliance LLC has acquired a new position in FS Credit Opportunities Corp., purchasing 40,451 shares valued at approximately $285,000 during the first quarter.
• The stock recently declared a dividend of $0.0678, set to be paid on September 30th, representing a yield of 1,040.0%.
• As of now, institutional investors hold 36.37% of the stock, with several firms increasing their stakes significantly in the fourth quarter.

Integrity Alliance LLC. acquired a new position in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 40,451 shares of the company's stock, valued at approximately $285,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Assets Advisory LLC acquired a new position in FS Credit Opportunities during the first quarter worth $77,000. Curran Financial Partners LLC acquired a new stake in FS Credit Opportunities in the 1st quarter valued at about $78,000. WPG Advisers LLC acquired a new stake in FS Credit Opportunities in the 1st quarter valued at about $84,000. Freestate Advisors LLC acquired a new stake in FS Credit Opportunities in the 1st quarter valued at about $85,000. Finally, Andina Capital Management LLC acquired a new stake in FS Credit Opportunities in the 1st quarter valued at about $85,000. 36.37% of the stock is owned by institutional investors and hedge funds.

FS Credit Opportunities Price Performance

NYSE FSCO traded up $0.01 during trading hours on Thursday, reaching $7.41. The company's stock had a trading volume of 901,707 shares, compared to its average volume of 904,553. FS Credit Opportunities Corp. has a fifty-two week low of $5.29 and a fifty-two week high of $7.65. The company's 50-day moving average is $7.40 and its two-hundred day moving average is $7.12.

FS Credit Opportunities Announces Dividend

The firm also recently disclosed a sep 25 dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd will be paid a $0.0678 dividend. This represents a yield of 1,040.0%. The ex-dividend date of this dividend is Tuesday, September 23rd.

FS Credit Opportunities Profile

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.