Shares of FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as $6.75 and last traded at $6.66, with a volume of 485190 shares traded. The stock had previously closed at $6.66.
FS Credit Opportunities Stock Up 0.2 %
The stock has a 50-day moving average of $6.44 and a 200 day moving average of $6.31.
FS Credit Opportunities Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 24th were given a $0.06 dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $0.72 annualized dividend and a dividend yield of 10.79%.
Insiders Place Their Bets
In other news, CEO Michael C. Forman sold 218,961 shares of the company's stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the completion of the transaction, the chief executive officer now owns 116,297 shares in the company, valued at $715,226.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Michael C. Forman sold 218,961 shares of the business's stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $6.15, for a total value of $1,346,610.15. Following the sale, the chief executive officer now directly owns 116,297 shares in the company, valued at $715,226.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Michael C. Forman sold 102,860 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $6.11, for a total value of $628,474.60. Following the transaction, the chief executive officer now owns 13,437 shares of the company's stock, valued at approximately $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company's stock.
Institutional Trading of FS Credit Opportunities
Institutional investors have recently bought and sold shares of the business. Coppell Advisory Solutions Corp. bought a new position in shares of FS Credit Opportunities in the first quarter worth about $65,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of FS Credit Opportunities during the second quarter worth $73,000. SYM FINANCIAL Corp acquired a new position in shares of FS Credit Opportunities during the second quarter worth $76,000. Compass Ion Advisors LLC bought a new position in shares of FS Credit Opportunities in the 3rd quarter valued at $81,000. Finally, Capital CS Group LLC acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter valued at $85,000. Institutional investors own 36.37% of the company's stock.
About FS Credit Opportunities
(
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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.
Further Reading
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