Graypoint LLC Buys 33,857 Shares of OFS Credit Company, Inc. (NASDAQ:OCCI)

Graypoint LLC increased its stake in shares of OFS Credit Company, Inc. (NASDAQ:OCCI) by 25.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 164,826 shares of the company’s stock after buying an additional 33,857 shares during the period. Graypoint LLC’s holdings in OFS Credit were worth $1,172,000 as of its most recent filing with the SEC.

Separately, Virtu Financial LLC bought a new stake in OFS Credit in the 3rd quarter valued at about $134,000. Institutional investors and hedge funds own 23.77% of the company’s stock.

OFS Credit Stock Down 0.4 %

NASDAQ OCCI opened at $7.08 on Friday. The company has a market capitalization of $111.50 million, a P/E ratio of 7.87 and a beta of 1.34. OFS Credit Company, Inc. has a 12-month low of $6.52 and a 12-month high of $7.81. The firm has a 50-day moving average price of $7.20 and a two-hundred day moving average price of $7.29.

OFS Credit Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st will be issued a $0.115 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 19.49%. The ex-dividend date is Tuesday, January 21st. OFS Credit’s dividend payout ratio is currently 155.56%.

About OFS Credit

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