Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Declines By 20.6%

Oxford Square Capital Corp. (NASDAQ:OXSQ) was the recipient of a large decline in short interest in 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. Currently, 1.0% of the company’s stock are short sold.

Oxford Square Capital Stock Performance

OXSQ stock remained flat at $2.60 during trading on Wednesday. 307,315 shares of the company traded hands, compared to its average volume of 389,951. The stock has a market capitalization of $181.45 million, a PE ratio of -26.00 and a beta of 1.07. Oxford Square Capital has a one year low of $2.40 and a one year high of $3.29. The stock has a 50-day simple moving average of $2.72 and a 200 day simple moving average of $2.75.

Oxford Square Capital Dividend Announcement

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

Hedge Funds Weigh In On Oxford Square Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Two Sigma Advisers LP raised its stake in shares of 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 purchasing an additional 137,400 shares during the last quarter. Virtus ETF Advisers LLC grew its holdings in shares of Oxford Square Capital by 26.2% in the fourth quarter. Virtus ETF Advisers LLC now owns 190,194 shares of the company’s stock worth $464,000 after acquiring an additional 39,466 shares during the period. Moloney Securities Asset Management LLC grew its stake in shares of 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 valued at $378,000 after purchasing an additional 5,319 shares during the period. 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 lifted its stake in shares of Oxford Square Capital by 74.3% in the 4th quarter. LPL Financial LLC now owns 107,096 shares of the company’s stock worth $261,000 after purchasing an additional 45,662 shares during the period. 6.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

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.