FS Credit Opportunities Corp. (NYSE:FSCO) Short Interest Update

FS Credit Opportunities Corp. (NYSE:FSCO) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 682,400 shares, an increase of 72.4% from the May 15th total of 395,800 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,017,300 shares, the short-interest ratio is presently 0.7 days.

FS Credit Opportunities Stock Down 0.2%

NYSE:FSCO opened at $7.22 on Tuesday. The business’s 50-day moving average price is $6.93 and its 200 day moving average price is $6.88. FS Credit Opportunities has a 52-week low of $5.29 and a 52-week high of $7.33.

FS Credit Opportunities Dividend Announcement

The company also recently announced a jun 25 dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be issued a dividend of $0.0678 per share. This represents a yield of 10.2%. The ex-dividend date is Monday, June 23rd.

Hedge Funds Weigh In On FS Credit Opportunities

A number of institutional investors have recently bought and sold shares of FSCO. US Bancorp DE purchased a new position in FS Credit Opportunities in the 4th quarter worth about $49,000. Private Portfolio Partners LLC purchased a new position in FS Credit Opportunities in the 4th quarter worth about $72,000. Bravias Capital Group LLC purchased a new position in FS Credit Opportunities in the 4th quarter worth about $73,000. Curran Financial Partners LLC purchased a new position in FS Credit Opportunities during the 1st quarter valued at about $78,000. Finally, Global Assets Advisory LLC purchased a new position in FS Credit Opportunities during the 1st quarter valued at about $77,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Company Profile

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.