Atomi Financial Group Inc. Acquires New Holdings in FS Credit Opportunities Corp. (NYSE:FSCO)

Atomi Financial Group Inc. acquired a new stake in FS Credit Opportunities Corp. (NYSE:FSCO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 64,957 shares of the company’s stock, valued at approximately $412,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. purchased a new stake in FS Credit Opportunities in the 1st quarter valued at about $31,000. Gerber LLC purchased a new stake in FS Credit Opportunities during the fourth quarter worth about $57,000. Coppell Advisory Solutions Corp. purchased a new stake in FS Credit Opportunities during the first quarter worth about $65,000. Global Assets Advisory LLC purchased a new stake in FS Credit Opportunities during the first quarter worth about $68,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in FS Credit Opportunities during the second quarter worth about $73,000. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Trading Down 0.2 %

Shares of NYSE:FSCO opened at $6.67 on Friday. The firm’s 50-day moving average is $6.31 and its two-hundred day moving average is $6.23. FS Credit Opportunities Corp. has a 1 year low of $5.23 and a 1 year high of $6.75.

FS Credit Opportunities Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 24th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $0.72 dividend on an annualized basis and a yield of 10.80%.

Insiders Place Their Bets

In other FS Credit Opportunities news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $6.11, for a total transaction of $628,474.60. Following the sale, the chief executive officer now directly owns 13,437 shares in the company, valued at $82,100.07. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was 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 directly 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction, the chief executive officer now directly owns 116,297 shares of the company’s stock, valued at approximately $715,226.55. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.