Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Decreases By 28.5%

Oxford Square Capital Corp. (NASDAQ:OXSQ) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 435,900 shares, a drop of 28.5% from the February 28th total of 610,000 shares. Based on an average trading volume of 456,700 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Oxford Square Capital Price Performance

NASDAQ:OXSQ traded down $0.01 during trading hours on Friday, reaching $2.56. 513,737 shares of the company traded hands, compared to its average volume of 395,066. Oxford Square Capital has a 1-year low of $2.40 and a 1-year high of $3.29. The stock has a market cap of $178.66 million, a P/E ratio of -25.60 and a beta of 1.07. The firm’s 50-day moving average is $2.72 and its 200-day moving average is $2.73.

Oxford Square Capital Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. Oxford Square Capital’s dividend payout ratio (DPR) is presently 420.00%.

Institutional Investors Weigh In On Oxford Square Capital

Several hedge funds have recently made changes to their positions in the business. Two Sigma Advisers LP boosted its holdings in Oxford Square Capital by 10.8% in the 4th 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 during the period. Jane Street Group LLC purchased a new position in shares of Oxford Square Capital in the fourth quarter valued at $199,000. BostonPremier Wealth LLC purchased a new position in shares of Oxford Square Capital in the fourth quarter valued at $160,000. Oxford Asset Management LLP acquired a new stake in Oxford Square Capital during the 4th quarter valued at $147,000. Finally, Founders Financial Alliance LLC increased its stake in Oxford Square Capital by 124.1% during the 4th quarter. Founders Financial Alliance LLC now owns 84,865 shares of the company’s stock worth $207,000 after buying an additional 47,000 shares during the period. Institutional investors and hedge funds own 6.44% of the company’s stock.

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.