SYM FINANCIAL Corp Makes New $76,000 Investment in FS Credit Opportunities Corp. (NYSE:FSCO)

SYM FINANCIAL Corp bought a new position in FS Credit Opportunities Corp. (NYSE:FSCO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,940 shares of the company’s stock, valued at approximately $76,000.

Other institutional investors also recently modified their holdings of the company. Nomura Holdings Inc. raised its stake in shares of FS Credit Opportunities by 1,134.0% during the fourth quarter. Nomura Holdings Inc. now owns 6,755,907 shares of the company’s stock worth $38,306,000 after buying an additional 6,208,428 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of FS Credit Opportunities by 9.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,844,114 shares of the company’s stock worth $34,656,000 after buying an additional 495,409 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of FS Credit Opportunities by 2,693.8% during the first quarter. Cetera Investment Advisers now owns 3,050,684 shares of the company’s stock worth $18,091,000 after buying an additional 2,941,488 shares during the last quarter. Vista Finance LLC raised its stake in shares of FS Credit Opportunities by 865.7% during the second quarter. Vista Finance LLC now owns 1,609,868 shares of the company’s stock worth $10,255,000 after buying an additional 1,443,169 shares during the last quarter. Finally, Cetera Advisors LLC raised its stake in shares of FS Credit Opportunities by 2.3% during the first quarter. Cetera Advisors LLC now owns 1,294,009 shares of the company’s stock worth $7,673,000 after buying an additional 28,563 shares during the last quarter. 36.37% of the stock is owned by institutional investors.

Insider Activity at FS Credit Opportunities

In related news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the transaction, the chief executive officer now owns 13,437 shares in the company, valued at $82,100.07. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael C. Forman sold 102,860 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the transaction, the chief executive officer now owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

FS Credit Opportunities Price Performance

FSCO opened at $6.34 on Friday. The firm has a 50 day simple moving average of $6.28 and a 200 day simple moving average of $6.14. FS Credit Opportunities Corp. has a fifty-two week low of $5.00 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. Investors of record on Monday, September 23rd will be issued a dividend of $0.06 per share. This represents a $0.72 dividend on an annualized basis and a yield of 11.37%. The ex-dividend date of this dividend is Monday, September 23rd.

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.