2 weeks Ago By ABMN Staff
FS Credit Opportunities Corp. ( NYSE:FSCO – Get Free Report ) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 14,000 shares, a decline of 55.
7% from the August 31st total of 31,600 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 5.2 days.
Insider Buying and Selling at FS Credit Opportunities In other news, CEO Michael C. Forman sold 218,961 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $6.
15, for a total value of $1,346,610.15. Following the completion of the transaction, the chief executive officer now owns 116,297 shares of the company’s stock, valued at $715,226.
55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . In other FS Credit Opportunities news, CEO Michael C.
Forman sold 218,961 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $6.15, for a total transaction of $1,346,610.
15. Following the sale, the chief executive officer now owns 116,297 shares of the company’s stock, valued at $715,226.55.
The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Also, CEO Michael C. Forman sold 102,860 shares of the stock in a transaction on Monday, September 9th.
The shares were sold at an average price of $6.11, for a total value of $628,474.60.
Following the completion of the transaction, the chief executive officer now owns 13,437 shares of the company’s stock, valued at $82,100.07. The disclosure for this sale can be found here .
Company insiders own 0.26% of the company’s stock. Hedge Funds Weigh In On FS Credit Opportunities Institutional investors and hedge funds have recently added to or reduced their stakes in the business.
Orion Portfolio Solutions LLC grew its stake in shares of FS Credit Opportunities by 29.8% in the fourth quarter. Orion Portfolio Solutions LLC now owns 89,724 shares of the company’s stock worth $501,000 after purchasing an additional 20,600 shares during the last quarter.
Focus Financial Network Inc. ADV bought a new stake in shares of FS Credit Opportunities in the 4th quarter valued at about $76,000. Quadrature Capital Ltd increased its stake in shares of FS Credit Opportunities by 500.
0% in the fourth quarter. Quadrature Capital Ltd now owns 204,487 shares of the company’s stock valued at $1,156,000 after buying an additional 170,405 shares during the period. Nomura Holdings Inc.
raised its position in shares of FS Credit Opportunities by 1,134.0% during the fourth quarter. Nomura Holdings Inc.
now owns 6,755,907 shares of the company’s stock worth $38,306,000 after acquiring an additional 6,208,428 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC acquired a new position in shares of FS Credit Opportunities in the fourth quarter worth approximately $575,000. 36.
37% of the stock is currently owned by institutional investors and hedge funds. FS Credit Opportunities Price Performance FS Credit Opportunities Announces Dividend The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be issued a dividend of $0.
06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 11.
25%. The ex-dividend date of this dividend is Monday, September 23rd. FS Credit Opportunities Company Profile ( 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. Featured Stories Receive News & Ratings for FS Credit Opportunities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS Credit Opportunities and related companies with MarketBeat.com's FREE daily email newsletter .
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