FS Credit Opportunities Corp. (NYSE:FSCO) Director Acquires $18,005.60 in Stock

FS Credit Opportunities Corp. (NYSE:FSCO) Director Della Clark bought 2,840 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were acquired at an average cost of $6.34 per share, with a total value of $18,005.60. Following the transaction, the director now owns 8,368 shares in the company, valued at approximately $53,053.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

FS Credit Opportunities Trading Down 0.5 %

FS Credit Opportunities stock opened at $6.33 on Wednesday. The stock has a 50 day moving average of $6.26 and a 200-day 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 company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 23rd will be paid a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 11.37%. The ex-dividend date is Monday, September 23rd.

Hedge Funds Weigh In On FS Credit Opportunities

Several large investors have recently added to or reduced their stakes in FSCO. Mather Group LLC. acquired a new stake in FS Credit Opportunities in the first quarter worth $31,000. ICA Group Wealth Management LLC purchased a new stake in shares of FS Credit Opportunities in the fourth quarter valued at $35,000. Gerber LLC acquired a new position in FS Credit Opportunities during the fourth quarter valued at $57,000. Coppell Advisory Solutions Corp. purchased a new stake in FS Credit Opportunities in the 1st quarter worth about $65,000. Finally, Global Assets Advisory LLC purchased a new position in FS Credit Opportunities during the 1st quarter valued at about $68,000. 36.37% of the stock is currently owned by institutional investors.

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.