FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as $6.07 and last traded at $6.06, with a volume of 749310 shares. The stock had previously closed at $5.91.
FS Credit Opportunities Stock Up 2.6 %
The firm's fifty day moving average is $5.82 and its two-hundred day moving average is $5.73.
FS Credit Opportunities Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd were issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 11.87%. The ex-dividend date was Monday, April 22nd.
Insider Buying and Selling at FS Credit Opportunities
In related news, Director Barbara J. Fouss acquired 11,000 shares of the company's stock in a transaction on Monday, March 18th. The stock was acquired at an average price of $5.87 per share, with a total value of $64,570.00. Following the acquisition, the director now directly owns 21,130 shares of the company's stock, valued at $124,033.10. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Barbara J. Fouss acquired 11,000 shares of the company's stock in a transaction on Monday, March 18th. The stock was acquired at an average price of $5.87 per share, with a total value of $64,570.00. Following the acquisition, the director now directly owns 21,130 shares of the company's stock, valued at $124,033.10. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Keith Bethel bought 6,500 shares of the firm's stock in a transaction dated Wednesday, March 13th. The shares were acquired at an average price of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the transaction, the director now directly owns 11,500 shares in the company, valued at approximately $66,700. The disclosure for this purchase can be found here. Insiders own 0.26% of the company's stock.
Institutional Trading of FS Credit Opportunities
Several hedge funds have recently made changes to their positions in the business. Kovack Advisors Inc. raised its position in shares of FS Credit Opportunities by 7.3% during the 1st quarter. Kovack Advisors Inc. now owns 26,500 shares of the company's stock valued at $157,000 after buying an additional 1,800 shares in the last quarter. Inscription Capital LLC raised its position in shares of FS Credit Opportunities by 0.8% during the 1st quarter. Inscription Capital LLC now owns 239,245 shares of the company's stock valued at $1,419,000 after buying an additional 1,955 shares in the last quarter. Endowment Wealth Management Inc. raised its position in shares of FS Credit Opportunities by 2.8% during the 4th quarter. Endowment Wealth Management Inc. now owns 78,677 shares of the company's stock valued at $446,000 after buying an additional 2,180 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its position in shares of FS Credit Opportunities by 51.7% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 8,800 shares of the company's stock valued at $52,000 after buying an additional 3,000 shares in the last quarter. Finally, Cahaba Wealth Management Inc. raised its position in shares of FS Credit Opportunities by 17.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 23,769 shares of the company's stock valued at $141,000 after buying an additional 3,537 shares in the last quarter. 36.37% of the stock is currently owned by hedge funds and other institutional investors.
About FS Credit Opportunities
(
Get Free Report)
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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