Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Grows By 20.0%

Oxford Square Capital Corp. (NASDAQ:OXSQ) saw 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 short-interest ratio is presently 1.4 days.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th.

Oxford Square Capital Stock Up 1.2 %

Shares of Oxford Square Capital stock traded up $0.03 during trading on Tuesday, reaching $2.44. The company’s stock had a trading volume of 863,091 shares, compared to its average volume of 346,098. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29. The firm has a market cap of $165.66 million, a PE ratio of -24.40 and a beta of 1.07. The business’s 50-day moving average price is $2.70 and its 200-day moving average price is $2.86.

Oxford Square Capital Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.035 per share. The ex-dividend date of this dividend is Friday, January 17th. Oxford Square Capital’s payout ratio is presently -420.00%.

Institutional Investors Weigh In On Oxford Square Capital

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

Oxford Square Capital Company Profile

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.