Quadrature Capital Ltd Sells 42,161 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Quadrature Capital Ltd decreased its stake in shares of FS Credit Opportunities Corp. (NYSE:FSCO) by 20.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 162,326 shares of the company’s stock after selling 42,161 shares during the quarter. Quadrature Capital Ltd’s holdings in FS Credit Opportunities were worth $950,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Robinson Capital Management LLC purchased a new position in shares of FS Credit Opportunities in the first quarter worth approximately $515,000. Vista Finance LLC raised its stake in FS Credit Opportunities by 1,236.4% during the 1st quarter. Vista Finance LLC now owns 166,699 shares of the company’s stock worth $989,000 after acquiring an additional 154,225 shares during the period. Kingsview Wealth Management LLC purchased a new position in FS Credit Opportunities during the first quarter valued at approximately $240,000. WealthPLAN Partners LLC boosted its position in shares of FS Credit Opportunities by 1.2% in the first quarter. WealthPLAN Partners LLC now owns 496,824 shares of the company’s stock worth $2,946,000 after purchasing an additional 6,121 shares during the period. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of FS Credit Opportunities in the first quarter worth $210,000. Hedge funds and other institutional investors own 36.37% of the company’s stock.

FS Credit Opportunities Stock Up 1.5 %

Shares of FSCO traded up $0.09 during trading hours on Friday, reaching $6.29. 623,271 shares of the stock traded hands, compared to its average volume of 655,027. The company’s 50-day moving average price is $6.36 and its two-hundred day moving average price is $6.02. FS Credit Opportunities Corp. has a 52-week low of $4.98 and a 52-week high of $6.64.

FS Credit Opportunities Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 24th will be given a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, July 24th. This represents a $0.72 annualized dividend and a dividend yield of 11.45%.

Insider Transactions at FS Credit Opportunities

In other FS Credit Opportunities news, Director Barbara J. Fouss purchased 6,000 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were bought at an average cost of $6.40 per share, with a total value of $38,400.00. Following the acquisition, the director now owns 27,130 shares in the company, valued at $173,632. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities 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.