Insider Buying: FS Credit Opportunities Corp. (NYSE:FSCO) Director Acquires $18,005.60 in Stock

FS Credit Opportunities Corp. (NYSE:FSCO) Director Della Clark acquired 2,840 shares of the stock in a transaction on Monday, September 23rd. The stock was bought at an average price of $6.34 per share, for a total transaction of $18,005.60. Following the transaction, the director now owns 8,368 shares in the company, valued at approximately $53,053.12. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

FS Credit Opportunities Stock Performance

NYSE:FSCO opened at $6.35 on Thursday. The company has a fifty day moving average of $6.26 and a two-hundred day moving average of $6.18. FS Credit Opportunities Corp. has a fifty-two week low of $5.08 and a fifty-two week high of $6.64.

FS Credit Opportunities Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $0.72 annualized dividend and a yield of 11.35%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in shares of FS Credit Opportunities during the 1st quarter worth approximately $31,000. ICA Group Wealth Management LLC purchased a new position in FS Credit Opportunities in the 4th quarter valued at approximately $35,000. Gerber LLC acquired a new position in shares of FS Credit Opportunities during the fourth quarter worth about $57,000. Coppell Advisory Solutions Corp. acquired a new position in shares of FS Credit Opportunities during the first quarter worth $65,000. Finally, Global Assets Advisory LLC purchased a new position in FS Credit Opportunities in the first quarter valued at approximately $68,000. 36.37% of the stock is owned by institutional investors and hedge funds.

About FS Credit Opportunities

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.