Oxford Square Capital Corp. (NASDAQ:OXSQ) Short Interest Update

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 767,900 shares, an increase of 29.3% from the January 31st total of 594,100 shares. Based on an average daily volume of 440,500 shares, the days-to-cover ratio is presently 1.7 days.

Oxford Square Capital Price Performance

OXSQ stock traded down $0.01 during trading on Friday, reaching $2.81. 424,555 shares of the stock traded hands, compared to its average volume of 405,808. The firm has a market capitalization of $190.78 million, a PE ratio of -28.10 and a beta of 1.07. The business's 50 day moving average price is $2.70 and its 200-day moving average price is $2.76. Oxford Square Capital has a 52-week low of $2.40 and a 52-week high of $3.29.

Oxford Square Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.035 dividend. The ex-dividend date is Monday, June 16th. This represents a $0.42 annualized dividend and a yield of 14.95%. Oxford Square Capital's payout ratio is 420.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Oxford Square Capital from a "hold" rating to a "sell" rating in a report on Friday.

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Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Two Sigma Advisers LP raised its stake in shares of Oxford Square Capital by 10.8% in the 4th quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company's stock valued at $3,452,000 after acquiring an additional 137,400 shares during the period. Millennium Management LLC raised its position in Oxford Square Capital by 23.9% in the fourth quarter. Millennium Management LLC now owns 142,335 shares of the company's stock valued at $347,000 after purchasing an additional 27,451 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in Oxford Square Capital in the fourth quarter valued at about $49,000. Jane Street Group LLC acquired a new position in shares of Oxford Square Capital during the fourth quarter worth about $199,000. Finally, Oxford Asset Management LLP purchased a new stake in shares of Oxford Square Capital in the fourth quarter worth about $147,000. 6.44% of the stock is owned by institutional investors and hedge funds.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.