Graypoint LLC Has $1.17 Million Position in OFS Credit Company, Inc. (NASDAQ:OCCI)

Graypoint LLC raised its position in OFS Credit Company, Inc. (NASDAQ:OCCI) by 25.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,826 shares of the company’s stock after acquiring an additional 33,857 shares during the quarter. Graypoint LLC owned approximately 1.05% of OFS Credit worth $1,172,000 at the end of the most recent reporting period.

Separately, Virtu Financial LLC acquired a new stake in OFS Credit in the third quarter valued at $134,000. 23.77% of the stock is owned by institutional investors.

OFS Credit Stock Performance

NASDAQ OCCI opened at $7.08 on Friday. The stock has a market cap of $111.50 million, a PE ratio of 7.87 and a beta of 1.34. The firm has a 50-day moving average of $7.20 and a 200-day moving average of $7.29. OFS Credit Company, Inc. has a 52-week low of $6.52 and a 52-week high of $7.81.

OFS Credit Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be issued a dividend of $0.115 per share. This represents a $1.38 annualized dividend and a dividend yield of 19.49%. The ex-dividend date of this dividend is Tuesday, January 21st. OFS Credit’s payout ratio is 155.56%.

About OFS Credit

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