Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Trading Down 0.3% – Here’s Why

Shares of Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) were down 0.3% during trading on Friday . The company traded as low as $23.98 and last traded at $23.98. 12,785 shares traded hands during mid-day trading, an increase of 758% from the average daily volume of 1,490 shares. The stock had previously closed at $24.05.

Oxford Square Capital Corp. 5.50% Notes due 2028 Trading Down 0.3%

The business has a 50-day moving average of $24.08 and a 200 day moving average of $24.09.

Oxford Square Capital Corp. 5.50% Notes due 2028 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a $0.3438 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.38 annualized dividend and a yield of 5.7%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxford Square Capital Corp. 5.50% Notes due 2028 stock. Karpus Management Inc. bought a new stake in shares of Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 171,471 shares of the company’s stock, valued at approximately $4,142,000.

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ: OXSQG) are senior unsecured debt securities issued by Oxford Square Capital Corp. These notes carry a fixed interest rate of 5.50% per annum, payable semiannually, and are scheduled to mature on March 1, 2028. Listed on the Nasdaq Global Market, the notes offer investors a defined income stream supported by the credit profile of the issuer.

Oxford Square Capital Corp. is a closed-end management investment company that operates as a business development company under the Investment Company Act of 1940.