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

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 435,900 shares, a drop of 28.5% from the February 28th total of 610,000 shares. Currently, 0.7% of the company's stock are short sold. Based on an average trading volume of 456,700 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Oxford Square Capital

Several hedge funds have recently added to or reduced their stakes in OXSQ. Strategic Financial Concepts LLC acquired a new position in shares of Oxford Square Capital in the 4th quarter valued at $30,000. Kingsview Wealth Management LLC boosted its stake in Oxford Square Capital by 23.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company's stock valued at $167,000 after acquiring an additional 13,000 shares in the last quarter. Moloney Securities Asset Management LLC grew its holdings in shares of Oxford Square Capital by 3.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company's stock worth $378,000 after purchasing an additional 5,319 shares during the last quarter. BostonPremier Wealth LLC acquired a new stake in shares of Oxford Square Capital during the fourth quarter worth about $160,000. Finally, Founders Financial Alliance LLC lifted its holdings in shares of Oxford Square Capital by 124.1% in the 4th quarter. Founders Financial Alliance LLC now owns 84,865 shares of the company's stock valued at $207,000 after purchasing an additional 47,000 shares during the last quarter. 6.44% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Square Capital Stock Performance

Shares of NASDAQ:OXSQ traded down $0.12 on Friday, hitting $2.46. 743,381 shares of the company's stock were exchanged, compared to its average volume of 399,044. Oxford Square Capital has a 1-year low of $2.40 and a 1-year high of $3.29. The company has a market capitalization of $171.68 million, a PE ratio of -24.60 and a beta of 0.71. The firm's 50-day moving average is $2.71 and its 200 day moving average is $2.72.

Oxford Square Capital Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. Oxford Square Capital's dividend payout ratio (DPR) is 420.00%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Oxford Square Capital from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th.

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.