OFS Credit Projects Q2 NAV Per Share Between $3.67-$3.77, NII $0.13-$0.17
OCCI sits 32% above its 52-week low of $2.62.
Summary
OFS Credit Company announced preliminary financial estimates for its second fiscal quarter 2026, projecting net asset value (NAV) per share between $3.67 and $3.77 as of April 30, 2026. The company also estimates net investment income (NII) per share for the quarter to be in the range of $0.13 to $0.17. These preliminary figures provide an early look at the company's performance and are crucial for investors in this CLO-focused investment company. While the company has previously provided NAV updates related to its ongoing ATM offering, this release offers a more comprehensive preliminary view of the full quarter's results. Traders will closely monitor the final audited results and any further insights into the CLO market and the company's portfolio performance.
At the time of this announcement, OCCI was trading at $3.45 on NASDAQ in the Finance sector, with a market capitalization of approximately $106.2M. The 52-week trading range was $2.62 to $6.82. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.