Oxford Square Capital Corp. (NASDAQ:OXSQ) Sees Significant Decrease in Short Interest

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 610,000 shares, a drop of 20.6% from the February 13th total of 767,900 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 447,900 shares, the short-interest ratio is presently 1.4 days.

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock remained flat at $2.59 during trading on Friday. The stock had a trading volume of 228,519 shares, compared to its average volume of 390,570. Oxford Square Capital has a 52-week low of $2.40 and a 52-week high of $3.29. The firm's 50-day moving average price is $2.72 and its two-hundred day moving average price is $2.75. The firm has a market cap of $180.76 million, a P/E ratio of -25.90 and a beta of 1.07.

Oxford Square Capital Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.035 per share. The ex-dividend date is Wednesday, April 16th. Oxford Square Capital's payout ratio is 420.00%.

Institutional Trading of Oxford Square Capital

Several institutional investors and hedge funds have recently made changes to their positions in OXSQ. National Wealth Management Group LLC purchased a new position in Oxford Square Capital during the 3rd quarter valued at about $28,000. Strategic Financial Concepts LLC bought a new position in shares of Oxford Square Capital during the fourth quarter valued at approximately $30,000. United Bank purchased a new position in Oxford Square Capital during the fourth quarter valued at approximately $43,000. Mercer Global Advisors Inc. ADV bought a new position in Oxford Square Capital in the fourth quarter worth approximately $49,000. Finally, Oxford Asset Management LLP purchased a new stake in Oxford Square Capital during the fourth quarter worth $147,000. 6.44% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

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

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.