FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $7.35 and last traded at $7.34, with a volume of 436197 shares changing hands. The stock had previously closed at $7.26.
FS Credit Opportunities Stock Up 0.1%
The business's 50-day moving average price is $7.10 and its 200-day moving average price is $6.92.
FS Credit Opportunities Announces Dividend
The firm also recently declared a jun 25 dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.0678 per share. The ex-dividend date was Monday, June 23rd. This represents a dividend yield of 10.2%.
Institutional Trading of FS Credit Opportunities
A number of institutional investors and hedge funds have recently made changes to their positions in FSCO. Flagship Harbor Advisors LLC lifted its holdings in shares of FS Credit Opportunities by 86.6% during the first quarter. Flagship Harbor Advisors LLC now owns 27,754 shares of the company's stock worth $196,000 after buying an additional 12,883 shares during the last quarter. Blackstone Inc. bought a new position in shares of FS Credit Opportunities in the 4th quarter valued at about $11,341,000. Wealth Enhancement Advisory Services LLC grew its position in shares of FS Credit Opportunities by 729.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 112,228 shares of the company's stock worth $765,000 after buying an additional 98,691 shares during the period. Invesco Ltd. bought a new stake in shares of FS Credit Opportunities during the 4th quarter valued at $1,363,000. Finally, Modern Wealth Management LLC bought a new stake in FS Credit Opportunities in the fourth quarter valued at about $1,220,000. Institutional investors and hedge funds own 36.37% of the company's stock.
FS Credit Opportunities Company Profile
(
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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.
Further Reading
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