FS Credit Opportunities Corp. (NYSE:FSCO) Director Keith Bethel Purchases 5,000 Shares

FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) Director Keith Bethel purchased 5,000 shares of the company's stock in a transaction on Thursday, February 13th. The stock was purchased at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the purchase, the director now directly owns 20,000 shares of the company's stock, valued at $139,200. This trade represents a 33.33 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

FS Credit Opportunities Trading Up 0.4 %

Shares of FS Credit Opportunities stock traded up $0.03 on Tuesday, hitting $6.96. The company had a trading volume of 512,892 shares, compared to its average volume of 848,314. The business has a 50-day simple moving average of $6.84 and a 200-day simple moving average of $6.59. FS Credit Opportunities Corp. has a 52 week low of $5.61 and a 52 week high of $7.12.

FS Credit Opportunities Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.0645 dividend. This represents a $0.77 annualized dividend and a dividend yield of 11.13%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Spire Wealth Management bought a new stake in FS Credit Opportunities during the fourth quarter worth approximately $39,000. US Bancorp DE bought a new stake in FS Credit Opportunities during the fourth quarter worth approximately $49,000. Truvestments Capital LLC bought a new stake in FS Credit Opportunities during the third quarter worth approximately $52,000. PSI Advisors LLC boosted its holdings in FS Credit Opportunities by 118.5% during the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company's stock worth $52,000 after buying an additional 4,146 shares in the last quarter. Finally, Nwam LLC bought a new stake in FS Credit Opportunities during the third quarter worth approximately $66,000. 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.