International Assets Investment Management LLC Buys 116,525 Shares of OFS Credit Company, Inc. (NASDAQ:OCCI)

International Assets Investment Management LLC lifted its stake in shares of OFS Credit Company, Inc. (NASDAQ:OCCI - Free Report) by 596.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,047 shares of the company's stock after buying an additional 116,525 shares during the period. International Assets Investment Management LLC owned about 1.26% of OFS Credit worth $879,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of OCCI. B. Riley Wealth Advisors Inc. boosted its position in shares of OFS Credit by 15.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 22,386 shares of the company's stock valued at $171,000 after buying an additional 3,053 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in OFS Credit by 4.9% during the third quarter. Arkadios Wealth Advisors now owns 31,496 shares of the company's stock worth $223,000 after acquiring an additional 1,481 shares during the period. Atomi Financial Group Inc. lifted its holdings in OFS Credit by 15.5% during the third quarter. Atomi Financial Group Inc. now owns 36,984 shares of the company's stock worth $262,000 after acquiring an additional 4,965 shares during the period. Graypoint LLC bought a new stake in OFS Credit during the third quarter worth $760,000. Finally, Thomas J. Herzfeld Advisors Inc. lifted its holdings in OFS Credit by 83.6% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 881,224 shares of the company's stock worth $6,248,000 after acquiring an additional 401,164 shares during the period. Hedge funds and other institutional investors own 23.77% of the company's stock.

Insider Buying and Selling at OFS Credit

In other OFS Credit news, major shareholder Eagle Point Credit Management sold 8,300 shares of the business's stock in a transaction on Monday, January 29th. The stock was sold at an average price of $22.94, for a total value of $190,402.00. Following the sale, the insider now directly owns 177,060 shares in the company, valued at $4,061,756.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 70,493 shares of company stock worth $1,599,370 over the last ninety days. 9.43% of the stock is currently owned by company insiders.

OFS Credit Stock Up 0.4 %

OFS Credit stock traded up $0.02 during mid-day trading on Wednesday, reaching $7.02. 73,354 shares of the company's stock were exchanged, compared to its average volume of 117,211. The business's fifty day simple moving average is $7.03 and its 200 day simple moving average is $6.74. The firm has a market capitalization of $75.96 million, a PE ratio of -14.04 and a beta of 1.31. OFS Credit Company, Inc. has a one year low of $5.47 and a one year high of $10.15.

OFS Credit (NASDAQ:OCCI - Get Free Report) last issued its earnings results on Friday, March 8th. The company reported $0.45 earnings per share (EPS) for the quarter. The firm had revenue of $8.44 million during the quarter. On average, sell-side analysts forecast that OFS Credit Company, Inc. will post 1.14 earnings per share for the current year.

OFS Credit Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th will be paid a $0.10 dividend. The ex-dividend date is Thursday, April 18th. This represents a $1.20 annualized dividend and a dividend yield of 17.09%. OFS Credit's payout ratio is presently -240.00%.

OFS Credit Company Profile

OFS Credit Company, Inc is a fund of OFS Advisor.