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

Oxford Square Capital Corp. (NASDAQ:OXSQ) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 610,000 shares, a decline of 20.6% from the February 13th total of 767,900 shares. Based on an average daily volume of 447,900 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.0% of the company’s stock are short sold.

Institutional Trading of Oxford Square Capital

Hedge funds and other institutional investors have recently bought and sold shares of the company. Two Sigma Advisers LP grew its position in Oxford Square Capital by 10.8% in the fourth quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company’s stock worth $3,452,000 after acquiring an additional 137,400 shares in the last quarter. Virtus ETF Advisers LLC lifted its stake in Oxford Square Capital by 26.2% during the fourth quarter. Virtus ETF Advisers LLC now owns 190,194 shares of the company’s stock worth $464,000 after purchasing an additional 39,466 shares during the last quarter. Moloney Securities Asset Management LLC boosted its holdings in shares of Oxford Square Capital by 3.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock worth $378,000 after purchasing an additional 5,319 shares in the last quarter. Millennium Management LLC increased its position in shares of Oxford Square Capital by 23.9% during the 4th quarter. Millennium Management LLC now owns 142,335 shares of the company’s stock valued at $347,000 after purchasing an additional 27,451 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Oxford Square Capital by 74.3% during the 4th quarter. LPL Financial LLC now owns 107,096 shares of the company’s stock valued at $261,000 after buying an additional 45,662 shares in the last quarter. Institutional investors own 6.44% of the company’s stock.

Oxford Square Capital Price Performance

NASDAQ:OXSQ traded up $0.01 on Tuesday, reaching $2.60. 436,670 shares of the company’s stock were exchanged, compared to its average volume of 390,277. The firm has a market cap of $181.45 million, a price-to-earnings ratio of -26.00 and a beta of 1.07. The stock has a fifty day simple moving average of $2.72 and a 200-day simple moving average of $2.75. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29.

Oxford Square Capital Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. Oxford Square Capital’s dividend payout ratio (DPR) is currently 420.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a research report on Friday, March 7th.

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.