Oxford Square Capital Corp. (NASDAQ:OXSQ – Get Free Report) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 4,191,814 shares, a growth of 93.4% from the January 29th total of 2,167,303 shares. Approximately 5.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,368,540 shares, the days-to-cover ratio is presently 3.1 days. Based on an average daily trading volume, of 1,368,540 shares, the days-to-cover ratio is presently 3.1 days. Approximately 5.6% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. StoneX Group Inc. acquired a new position in Oxford Square Capital in the 4th quarter worth about $29,000. McIlrath & Eck LLC bought a new position in shares of Oxford Square Capital during the fourth quarter valued at $43,000. Alpine Global Management LLC acquired a new position in shares of Oxford Square Capital during the third quarter worth $42,000. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Oxford Square Capital by 72.3% during the third quarter. CANADA LIFE ASSURANCE Co now owns 97,936 shares of the company’s stock worth $155,000 after purchasing an additional 41,105 shares during the period. Finally, Susquehanna International Group LLP bought a new stake in shares of Oxford Square Capital in the third quarter worth $63,000. Institutional investors own 6.44% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Oxford Square Capital in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
Oxford Square Capital Price Performance
NASDAQ OXSQ opened at $1.77 on Friday. The business has a fifty day moving average price of $1.82 and a two-hundred day moving average price of $1.90. The stock has a market capitalization of $144.56 million, a PE ratio of -44.25 and a beta of 0.54. Oxford Square Capital has a fifty-two week low of $1.56 and a fifty-two week high of $2.84.
About Oxford Square Capital
Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.
The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.
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