Atomi Financial Group Inc. Buys 4,192 Shares of FS Credit Opportunities Corp. (NYSE:FSCO)

Atomi Financial Group Inc. lifted its stake in FS Credit Opportunities Corp. (NYSE:FSCO) by 6.5% in the 4th quarter, HoldingsChannel reports. The fund owned 69,149 shares of the company’s stock after purchasing an additional 4,192 shares during the quarter. Atomi Financial Group Inc.’s holdings in FS Credit Opportunities were worth $472,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FSCO. PSI Advisors LLC raised its holdings in FS Credit Opportunities by 118.5% in the fourth quarter. PSI Advisors LLC now owns 7,646 shares of the company’s stock worth $52,000 after purchasing an additional 4,146 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of FS Credit Opportunities during the 3rd quarter worth approximately $52,000. Nwam LLC purchased a new stake in FS Credit Opportunities during the third quarter valued at approximately $66,000. Park Avenue Securities LLC purchased a new stake in FS Credit Opportunities during the fourth quarter valued at approximately $82,000. Finally, Compass Ion Advisors LLC purchased a new position in FS Credit Opportunities in the third quarter worth $81,000. 36.37% of the stock is currently owned by hedge funds and other institutional investors.

FS Credit Opportunities Trading Down 1.5 %

Shares of FSCO opened at $6.96 on Friday. FS Credit Opportunities Corp. has a 12 month low of $5.61 and a 12 month high of $7.12. The stock has a fifty day moving average price of $6.75 and a 200-day moving average price of $6.53.

FS Credit Opportunities Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be paid a $0.0645 dividend. The ex-dividend date is Friday, January 24th. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06. This represents a $0.77 dividend on an annualized basis and a yield of 11.13%.

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.