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

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 534,400 shares, a decrease of 39.3% from the October 15th total of 880,500 shares. Based on an average trading volume of 459,100 shares, the days-to-cover ratio is presently 1.2 days.

Oxford Square Capital Trading Down 2.3 %

NASDAQ OXSQ traded down $0.06 during trading hours on Friday, hitting $2.70. 1,084,680 shares of the company's stock traded hands, compared to its average volume of 327,117. Oxford Square Capital has a 52 week low of $2.67 and a 52 week high of $3.29. The firm has a market capitalization of $183.30 million, a P/E ratio of -27.00 and a beta of 1.10. The business's fifty day moving average price is $2.87 and its two-hundred day moving average price is $2.98.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.13 EPS for the quarter, hitting the consensus estimate of $0.13. Oxford Square Capital had a positive return on equity of 18.58% and a negative net margin of 10.48%. The firm had revenue of $11.45 million during the quarter. During the same quarter last year, the company earned $0.13 earnings per share.

Oxford Square Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.035 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 15.56%. Oxford Square Capital's payout ratio is currently -419.96%.

Analyst Ratings Changes

Separately, StockNews.com cut Oxford Square Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th.

Institutional Trading of Oxford Square Capital

A number of hedge funds and other institutional investors have recently modified their holdings of OXSQ. National Wealth Management Group LLC bought a new position in Oxford Square Capital in the 3rd quarter worth $28,000. LifeSteps Financial Inc. purchased a new stake in Oxford Square Capital during the 2nd quarter valued at approximately $29,000. First Bancorp Inc ME bought a new stake in shares of Oxford Square Capital during the second quarter valued at approximately $53,000. Creative Planning raised its position in shares of Oxford Square Capital by 17.6% during the third quarter. Creative Planning now owns 40,840 shares of the company's stock valued at $116,000 after buying an additional 6,103 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in shares of Oxford Square Capital by 22.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company's stock worth $182,000 after buying an additional 10,368 shares in the last quarter. 6.44% of the stock is owned by hedge funds and other institutional investors.

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.