FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $7.23 and last traded at $7.21, with a volume of 373760 shares traded. The stock had previously closed at $7.17.
FS Credit Opportunities Price Performance
The business has a 50-day simple moving average of $6.83 and a 200 day simple moving average of $6.83.
FS Credit Opportunities Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd were paid a $0.0645 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 10.74%. The ex-dividend date was Thursday, May 22nd.
Hedge Funds Weigh In On FS Credit Opportunities
A number of hedge funds have recently made changes to their positions in FSCO. Total Clarity Wealth Management Inc. bought a new position in shares of FS Credit Opportunities in the fourth quarter worth about $113,000. Spire Wealth Management bought a new position in shares of FS Credit Opportunities in the fourth quarter worth about $39,000. McAdam LLC boosted its stake in shares of FS Credit Opportunities by 23.6% in the fourth quarter. McAdam LLC now owns 78,144 shares of the company's stock worth $533,000 after acquiring an additional 14,935 shares during the period. Oregon Pacific Wealth Management LLC bought a new position in shares of FS Credit Opportunities in the fourth quarter worth about $224,000. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of FS Credit Opportunities by 0.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 337,076 shares of the company's stock worth $2,299,000 after acquiring an additional 2,888 shares during the period. Institutional investors own 36.37% of the company's stock.
About FS Credit Opportunities
(
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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.
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