Short Interest in FS Credit Opportunities Corp. (NYSE:FSCO) Declines By 8.8%

FS Credit Opportunities Corp. (NYSE:FSCO) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 202,300 shares, a decrease of 8.8% from the November 15th total of 221,800 shares. Based on an average daily volume of 688,500 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of FS Credit Opportunities

A number of institutional investors have recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in FS Credit Opportunities in the 3rd quarter valued at $52,000. Nwam LLC bought a new position in shares of FS Credit Opportunities in the 3rd quarter worth about $66,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of FS Credit Opportunities during the second quarter worth about $73,000. SYM FINANCIAL Corp acquired a new position in FS Credit Opportunities during the 2nd quarter worth $76,000. Finally, Compass Ion Advisors LLC bought a new stake in FS Credit Opportunities during the third quarter worth approximately $81,000. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Stock Performance

Shares of FSCO stock traded down $0.07 during trading hours on Tuesday, reaching $6.63. 680,134 shares of the company’s stock were exchanged, compared to its average volume of 684,436. The company’s 50 day moving average is $6.63 and its two-hundred day moving average is $6.44. FS Credit Opportunities has a 1 year low of $5.47 and a 1 year high of $6.84.

FS Credit Opportunities Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.06 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 10.87%.

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.