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 large decline in short interest in March. As of March 15th, there was short interest totalling 435,900 shares, a decline of 28.5% from the February 28th total of 610,000 shares. Approximately 0.7% of the company's stock are short sold. Based on an average trading volume of 456,700 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OXSQ. Moloney Securities Asset Management LLC raised 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 valued at $378,000 after buying an additional 5,319 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in Oxford Square Capital during the 4th quarter worth $30,000. Kingsview Wealth Management LLC boosted its position in Oxford Square Capital by 23.5% during the 4th quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company's stock worth $167,000 after acquiring an additional 13,000 shares during the period. United Bank bought a new position in shares of Oxford Square Capital in the fourth quarter worth $43,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Oxford Square Capital during the fourth quarter valued at about $49,000. 6.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Oxford Square Capital Stock Up 0.8 %

NASDAQ:OXSQ traded up $0.02 during trading hours on Thursday, reaching $2.58. 317,618 shares of the stock were exchanged, compared to its average volume of 396,295. The firm has a 50 day simple moving average of $2.71 and a 200-day simple moving average of $2.72. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29. The stock has a market capitalization of $180.06 million, a P/E ratio of -25.80 and a beta of 0.71.

Oxford Square Capital Dividend Announcement

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

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.