OFS Credit (NASDAQ:OCCI) Cut to “Sell” at Wall Street Zen

Posted by Stanley Muller on Sep 29th, 2026

Wall Street Zen downgraded shares of OFS Credit (NASDAQ:OCCI – Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

OFS Credit Stock Down 1.8%

NASDAQ OCCI opened at $2.23 on Friday. The firm has a market cap of $65.50 million, a P/E ratio of -1.27 and a beta of 0.72. The company’s 50 day moving average is $2.49 and its 200-day moving average is $2.79. OFS Credit has a 12-month low of $2.15 and a 12-month high of $5.63.

OFS Credit (NASDAQ:OCCI – Get Free Report) last released its quarterly earnings data on Thursday, September 17th. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $8.65 million during the quarter, compared to the consensus estimate of $9.42 million.

OFS Credit Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, October 15th. This represents a $0.60 annualized dividend and a dividend yield of 26.9%. OFS Credit’s dividend payout ratio is currently -53.14%.

Hedge Funds Weigh In On OFS Credit

Several hedge funds have recently made changes to their positions in the stock. Advisory Solutions Group LLC purchased a new stake in OFS Credit during the 2nd quarter worth about $49,000. Two Sigma Securities LLC purchased a new position in OFS Credit during the 2nd quarter valued at about $40,000. Finally, Kestra Advisory Services LLC grew its holdings in OFS Credit by 12.1% during the 1st quarter. Kestra Advisory Services LLC now owns 92,856 shares of the company’s stock valued at $268,000 after buying an additional 10,000 shares in the last quarter. 23.77% of the stock is currently owned by hedge funds and other institutional investors.

OFS Credit Company Profile

(Get Free Report)

OFS Credit Company, Inc is a closed-end investment company that seeks to generate current income and, to a lesser extent, capital appreciation by investing in collateralized loan obligations (CLOs). Its portfolio primarily consists of CLO equity and debt tranches, which are securities backed by pools of senior secured corporate loans.

The company’s investments generally provide exposure to corporate borrowers through the underlying loan portfolios rather than through direct lending by OFS Credit.