FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 202,300 shares, a drop of 8.8% from the November 15th total of 221,800 shares. Based on an average daily trading volume, of 688,500 shares, the days-to-cover ratio is presently 0.3 days.
FS Credit Opportunities Stock Down 1.0 %
Shares of FSCO traded down $0.07 during trading hours on Tuesday, hitting $6.63. 680,134 shares of the stock were exchanged, compared to its average volume of 684,436. The stock’s 50-day moving average price is $6.63 and its two-hundred day moving average price is $6.44. FS Credit Opportunities has a 12-month low of $5.47 and a 12-month high of $6.84.
FS Credit Opportunities Announces Dividend
The firm also recently disclosed 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%.
Hedge Funds Weigh In On FS Credit Opportunities
About FS Credit Opportunities
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.
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