Oxford Square Capital Corp. (NASDAQ:OXSQ) Sees Significant Drop in Short Interest

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

Hedge Funds Weigh In On Oxford Square Capital

Institutional investors and hedge funds have recently bought and sold shares of the company. Two Sigma Advisers LP raised its position in shares of Oxford Square Capital by 10.8% during the 4th quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company’s stock valued at $3,452,000 after buying an additional 137,400 shares during the period. Millennium Management LLC increased its stake in Oxford Square Capital by 23.9% during the fourth quarter. Millennium Management LLC now owns 142,335 shares of the company’s stock worth $347,000 after acquiring an additional 27,451 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in Oxford Square Capital in the fourth quarter valued at $49,000. Jane Street Group LLC acquired a new position in shares of Oxford Square Capital in the 4th quarter valued at $199,000. Finally, Oxford Asset Management LLP purchased a new position in shares of Oxford Square Capital during the 4th quarter worth $147,000. 6.44% of the stock is currently owned by institutional investors and hedge funds.

Oxford Square Capital Trading Down 0.8 %

OXSQ stock traded down $0.02 during midday trading on Tuesday, reaching $2.59. The stock had a trading volume of 371,566 shares, compared to its average volume of 395,120. Oxford Square Capital has a 52-week low of $2.40 and a 52-week high of $3.29. The company has a market cap of $180.76 million, a price-to-earnings ratio of -25.90 and a beta of 1.07. The company’s fifty day simple moving average is $2.72 and its 200 day simple moving average is $2.73.

Oxford Square Capital Dividend Announcement

The company also recently disclosed 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 of this dividend is Wednesday, April 16th. Oxford Square Capital’s payout ratio is currently 420.00%.

Wall Street Analyst Weigh In

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

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.