Oxford Square Capital Corp. (NASDAQ:OXSQ) Short Interest Down 27.9% in November

Oxford Square Capital Corp. (NASDAQ:OXSQ) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 526,600 shares, a decrease of 27.9% from the November 15th total of 730,500 shares. Based on an average trading volume of 482,900 shares, the days-to-cover ratio is presently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th.

Hedge Funds Weigh In On Oxford Square Capital

Hedge funds have recently made changes to their positions in the business. National Wealth Management Group LLC acquired a new stake in shares of Oxford Square Capital in the 3rd quarter valued at $28,000. First Bancorp Inc ME acquired a new position in Oxford Square Capital during the 2nd quarter worth about $53,000. Creative Planning grew its holdings in Oxford Square Capital by 17.6% during the 3rd quarter. Creative Planning now owns 40,840 shares of the company’s stock worth $116,000 after acquiring an additional 6,103 shares during the last quarter. International Assets Investment Management LLC increased its position in Oxford Square Capital by 166.5% in the 3rd quarter. International Assets Investment Management LLC now owns 137,312 shares of the company’s stock valued at $389,000 after acquiring an additional 85,792 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in shares of Oxford Square Capital by 2.7% in the third quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock worth $423,000 after acquiring an additional 3,900 shares during the last quarter. Institutional investors and hedge funds own 6.44% of the company’s stock.

Oxford Square Capital Stock Performance

Oxford Square Capital stock remained flat at $2.65 during trading hours on Friday. The company’s stock had a trading volume of 279,607 shares, compared to its average volume of 333,086. Oxford Square Capital has a 12-month low of $2.62 and a 12-month high of $3.29. The stock has a market cap of $179.91 million, a P/E ratio of -26.50 and a beta of 1.06. The company’s fifty day simple moving average is $2.80 and its 200-day simple moving average is $2.91.

Oxford Square Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.035 per share. The ex-dividend date is Monday, March 17th. This represents a $0.42 dividend on an annualized basis and a yield of 15.85%. Oxford Square Capital’s dividend payout ratio is currently -419.96%.

About Oxford Square Capital

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.