Della Clark Acquires 2,840 Shares of FS Credit Opportunities Corp. (NYSE:FSCO) Stock

FS Credit Opportunities Corp. (NYSE:FSCO) Director Della Clark acquired 2,840 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were bought at an average cost of $6.34 per share, for a total transaction of $18,005.60. Following the completion of the acquisition, the director now owns 8,368 shares of the company’s stock, valued at $53,053.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

FS Credit Opportunities Trading Down 0.5 %

Shares of NYSE FSCO opened at $6.33 on Wednesday. The firm has a 50-day simple moving average of $6.26 and a 200-day simple moving average of $6.18. FS Credit Opportunities Corp. has a 52 week low of $5.07 and a 52 week high of $6.64.

FS Credit Opportunities Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be given a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.37%. The ex-dividend date is Monday, September 23rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FSCO. Nomura Holdings Inc. raised its holdings in FS Credit Opportunities by 1,134.0% during the fourth quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock worth $38,306,000 after purchasing an additional 6,208,428 shares in the last quarter. Choreo LLC purchased a new stake in shares of FS Credit Opportunities in the 1st quarter worth about $2,290,000. Quadrature Capital Ltd boosted its position in shares of FS Credit Opportunities by 500.0% in the 4th quarter. Quadrature Capital Ltd now owns 204,487 shares of the company’s stock worth $1,156,000 after buying an additional 170,405 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of FS Credit Opportunities by 2,693.8% in the 1st quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company’s stock worth $18,091,000 after buying an additional 2,941,488 shares in the last quarter. Finally, Concorde Asset Management LLC lifted its holdings in FS Credit Opportunities by 454.5% in the 2nd quarter. Concorde Asset Management LLC now owns 98,089 shares of the company’s stock valued at $625,000 after purchasing an additional 80,400 shares in the last quarter. Hedge funds and other institutional investors own 36.37% of the company’s stock.

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.