OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 717 shares, a growth of 154.3% from the June 15th total of 282 shares. Based on an average trading volume of 1,163 shares, the short-interest ratio is presently 0.6 days.
Analyst Ratings Changes
Separately, Weiss Ratings lowered shares of OFS Credit from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, OFS Credit has an average rating of “Sell”.
Check Out Our Latest Analysis on OFS Credit
OFS Credit Price Performance
OFS Credit Company Profile
OFS Credit Company, Inc (NASDAQ: OCCIN) is a non-diversified, closed-end management investment company focused on corporate credit investments. Since its initial public offering in June 2020, the company has sought to provide investors with current income and capital preservation through a diversified portfolio of floating-rate senior secured loans, second-lien financings and other debt instruments issued by middle-market companies in the United States.
The firm’s investment strategy emphasizes privately negotiated loans and structured credit solutions that are typically less accessible via public debt markets.
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