FS Credit Opportunities (NYSE:FSCO) Director Purchases $18,660.00 in Stock

FS Credit Opportunities Corp. (NYSE:FSCO) Director Della Clark acquired 3,000 shares of the stock in a transaction dated Tuesday, December 30th. The shares were bought at an average cost of $6.22 per share, for a total transaction of $18,660.00. Following the acquisition, the director owned 11,368 shares in the company, valued at $70,708.96. The trade was a 35.85% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

FS Credit Opportunities Stock Performance

FSCO opened at $6.36 on Friday. The business has a 50 day moving average price of $6.28 and a 200 day moving average price of $6.88. FS Credit Opportunities Corp. has a twelve month low of $5.29 and a twelve month high of $7.65.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Thursday, November 20th were paid a $0.0678 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%. The ex-dividend date was Thursday, November 20th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Signal Advisors Wealth LLC acquired a new position in shares of FS Credit Opportunities during the second quarter valued at about $507,000. Advisors Asset Management Inc. raised its holdings in FS Credit Opportunities by 15.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 708,043 shares of the company’s stock valued at $5,140,000 after acquiring an additional 92,641 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in FS Credit Opportunities by 74.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 590,181 shares of the company’s stock valued at $4,285,000 after acquiring an additional 252,781 shares in the last quarter. Vista Finance LLC lifted its position in shares of FS Credit Opportunities by 5.1% in the 2nd quarter. Vista Finance LLC now owns 2,054,723 shares of the company’s stock worth $14,917,000 after acquiring an additional 98,911 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of FS Credit Opportunities by 100.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 227,737 shares of the company’s stock worth $1,649,000 after purchasing an additional 113,912 shares in the last quarter. Institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Company Profile

FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.