FS Credit Opportunities (NYSE:FSCO) Sees Large Volume Increase - Time to Buy?
FS Credit Opportunities (NYSE:FSCO) experienced an 11% increase in trading volume, with 1,250,108 shares traded. The stock price fell to $5.81 from a previous close of $6.07. The company announced a monthly dividend of $0.0678 per share, yielding 13.7%. Institutional investors hold 36.37% of the stock, with several increasing their stakes recently. FSCO focuses on corporate credit instruments, primarily investing in non-investment grade corporate debt securities. Analysts currently rate FSCO as a Hold, suggesting other stocks may be better investment options.
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