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

Oxford Square Capital Corp. (NASDAQ:OXSQ) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 767,900 shares, a growth of 29.3% from the January 31st total of 594,100 shares. Based on an average daily trading volume, of 440,500 shares, the short-interest ratio is currently 1.7 days.

Wall Street Analyst Weigh In

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

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock remained flat at $2.84 during trading on Tuesday. The company had a trading volume of 435,642 shares, compared to its average volume of 409,161. Oxford Square Capital has a twelve month low of $2.40 and a twelve month high of $3.29. The business’s fifty day simple moving average is $2.68 and its 200-day simple moving average is $2.76. The stock has a market cap of $192.81 million, a price-to-earnings ratio of -28.40 and a beta of 1.07.

Oxford Square Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a dividend of $0.035 per share. The ex-dividend date is Monday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 14.79%. Oxford Square Capital’s dividend payout ratio (DPR) is presently 420.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Two Sigma Advisers LP grew its stake 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 valued at $3,452,000 after acquiring an additional 137,400 shares during the period. Virtus ETF Advisers LLC grew its stake in Oxford Square Capital by 26.2% in 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 period. Moloney Securities Asset Management LLC grew its stake in Oxford Square Capital by 3.6% in the fourth quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock valued at $378,000 after acquiring an additional 5,319 shares during the period. Millennium Management LLC grew its stake in Oxford Square Capital by 23.9% in the fourth quarter. Millennium Management LLC now owns 142,335 shares of the company’s stock valued at $347,000 after acquiring an additional 27,451 shares during the period. Finally, International Assets Investment Management LLC grew its stake in Oxford Square Capital by 166.5% in the third quarter. International Assets Investment Management LLC now owns 137,312 shares of the company’s stock valued at $389,000 after acquiring an additional 85,792 shares during the period. 6.44% of the stock is owned by institutional investors and hedge funds.

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.