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OFS Credit Company Declares Monthly Common Stock Cash Distributions
Business Wire (Fri, 17-Jan 8:00 AM ET)
OFS Credit Co Inc is a non-diversified, closed-end management investment company. Its investment objective is to generate current income, with a secondary objective to generate capital appreciation.
OFS Credit Company, Inc. - 5.25% Series E Term Preferred Stock Due 2026 trades on the NASDAQ stock market under the symbol OCCIN.
As of March 4, 2025, OCCIN stock price was flat at $23.86 with 130 million shares trading.
OCCIN has a market cap of $0.00. This is considered a Sub-Micro Cap stock.
In the last 3 years, OCCIN traded as high as $25.54 and as low as $20.39.
OCCIN has underperformed the market in the last year with a return of +10.4%, while SPY returned +14.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OCCIN shares. However, OCCIN has outperformed the market in the last 3 month and 2 week periods, returning +2.2% and +0.2%, while SPY returned -3.3% and -4.6%, respectively. This indicates OCCIN has been having a stronger performance recently.
OCCIN support price is $23.75 and resistance is $23.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OCCIN shares will trade within this expected range on the day.