FS Credit Opportunities Corp. (NYSE:FSCO) Short Interest Update

FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 682,400 shares, an increase of 72.4% from the May 15th total of 395,800 shares. Currently, 0.3% of the company's shares are short sold. Based on an average trading volume of 1,017,300 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of FS Credit Opportunities

Several hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE acquired a new position in shares of FS Credit Opportunities in the fourth quarter valued at approximately $49,000. Private Portfolio Partners LLC bought a new stake in FS Credit Opportunities in the 4th quarter valued at $72,000. Bravias Capital Group LLC acquired a new position in FS Credit Opportunities in the 4th quarter worth $73,000. Global Assets Advisory LLC bought a new position in FS Credit Opportunities during the 1st quarter worth about $77,000. Finally, Curran Financial Partners LLC acquired a new stake in shares of FS Credit Opportunities in the 1st quarter valued at about $78,000. Institutional investors and hedge funds own 36.37% of the company's stock.

FS Credit Opportunities Stock Up 0.3%

NYSE:FSCO traded up $0.03 during trading hours on Wednesday, hitting $7.23. The stock had a trading volume of 866,915 shares, compared to its average volume of 824,371. The business's 50 day moving average is $6.96 and its 200-day moving average is $6.88. FS Credit Opportunities has a one year low of $5.29 and a one year high of $7.33.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a jun 25 dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be given a $0.0678 dividend. This represents a dividend yield of 10.2%. The ex-dividend date of this dividend is Monday, June 23rd.

About FS Credit Opportunities

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.