B. Riley Wealth Advisors Inc. cut its stake in shares of OFS Credit Company, Inc. (NASDAQ:OCCI – Free Report) by 34.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,735 shares of the company’s stock after selling 7,651 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.14% of OFS Credit worth $95,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Arlington Capital Management Inc. bought a new position in shares of OFS Credit during the 4th quarter valued at approximately $264,000. Graypoint LLC grew its stake in shares of OFS Credit by 5.1% during the 4th quarter. Graypoint LLC now owns 112,776 shares of the company’s stock valued at $729,000 after acquiring an additional 5,516 shares during the period. International Assets Investment Management LLC grew its stake in shares of OFS Credit by 596.9% during the 4th quarter. International Assets Investment Management LLC now owns 136,047 shares of the company’s stock valued at $879,000 after acquiring an additional 116,525 shares during the period. Finally, Principal Securities Inc. bought a new position in shares of OFS Credit during the 4th quarter valued at approximately $992,000. 23.77% of the stock is currently owned by institutional investors.
OFS Credit Trading Down 0.1 %
Shares of NASDAQ:OCCI opened at $7.20 on Friday. The stock has a 50 day moving average of $7.36 and a 200 day moving average of $7.07. The company has a market cap of $113.40 million, a PE ratio of 12.41 and a beta of 1.32. OFS Credit Company, Inc. has a 12-month low of $5.47 and a 12-month high of $8.60.
OFS Credit Announces Dividend
Insider Buying and Selling
In related news, major shareholder Eagle Point Credit Management sold 5,124 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $24.16, for a total value of $123,795.84. Following the transaction, the insider now directly owns 36,964 shares of the company’s stock, valued at approximately $893,050.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have sold 8,287 shares of company stock valued at $198,171. Corporate insiders own 9.43% of the company’s stock.
OFS Credit Company Profile
OFS Credit Company, Inc is a fund of OFS Advisor.
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