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 December. As of December 15th, there was short interest totalling 631,900 shares, an increase of 20.0% from the November 30th total of 526,600 shares. Based on an average daily volume of 453,300 shares, the days-to-cover ratio is currently 1.4 days.

Oxford Square Capital Stock Up 1.2 %

Shares of Oxford Square Capital stock traded up $0.03 during trading on Tuesday, reaching $2.44. 863,091 shares of the company were exchanged, compared to its average volume of 346,098. Oxford Square Capital has a twelve month low of $2.40 and a twelve month high of $3.29. The business has a 50-day moving average price of $2.71 and a 200-day moving average price of $2.86. The firm has a market capitalization of $165.66 million, a price-to-earnings ratio of -24.40 and a beta of 1.07.

Oxford Square Capital Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a dividend of $0.035 per share. The ex-dividend date is Friday, January 17th. Oxford Square Capital's dividend payout ratio is currently -420.00%.

Hedge Funds Weigh In On Oxford Square Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. National Wealth Management Group LLC bought a new position in Oxford Square Capital during the third quarter worth about $28,000. Creative Planning lifted its holdings in shares of Oxford Square Capital by 17.6% during the 3rd quarter. Creative Planning now owns 40,840 shares of the company's stock valued at $116,000 after purchasing an additional 6,103 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Oxford Square Capital by 166.5% in the 3rd quarter. International Assets Investment Management LLC now owns 137,312 shares of the company's stock valued at $389,000 after purchasing an additional 85,792 shares during the period. Finally, Moloney Securities Asset Management LLC increased its stake in Oxford Square Capital by 2.7% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company's stock worth $423,000 after purchasing an additional 3,900 shares in the last quarter. 6.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Oxford Square Capital from a "sell" rating to a "hold" rating in a research report on Tuesday, November 19th.

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.

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