Oxford Square Capital Corp. (NASDAQ:OXSQ) Short Interest Down 20.6% in February

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

Institutional Inflows and Outflows

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

Oxford Square Capital Price Performance

Shares of NASDAQ:OXSQ opened at $2.65 on Monday. The firm has a market capitalization of $184.94 million, a price-to-earnings ratio of -26.50 and a beta of 1.07. The business’s 50 day simple moving average is $2.72 and its 200-day simple moving average is $2.75. Oxford Square Capital has a 12 month low of $2.40 and a 12 month high of $3.29.

Oxford Square Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 15.85%. The ex-dividend date of this dividend is Monday, June 16th. Oxford Square Capital’s dividend payout ratio (DPR) is presently 420.00%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a research note 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.