Oxford Square Capital (NASDAQ:OXSQ) Stock Price Down 0.7%

Shares of Oxford Square Capital Corp. (NASDAQ:OXSQ) dropped 0.7% during trading on Monday . The stock traded as low as $2.94 and last traded at $2.94. Approximately 490,394 shares traded hands during mid-day trading, an increase of 105% from the average daily volume of 238,801 shares. The stock had previously closed at $2.96.

Oxford Square Capital Stock Down 0.7 %

The company’s 50 day moving average is $3.12 and its 200 day moving average is $3.07. The firm has a market capitalization of $175.58 million, a price-to-earnings ratio of 17.30 and a beta of 1.11.

Oxford Square Capital (NASDAQ:OXSQ) last announced its earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter. Oxford Square Capital had a net margin of 18.57% and a return on equity of 17.71%. The firm had revenue of $10.68 million for the quarter.

Oxford Square Capital Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be given a dividend of $0.035 per share. The ex-dividend date is Wednesday, July 17th. Oxford Square Capital’s payout ratio is 247.07%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OXSQ. CANADA LIFE ASSURANCE Co increased its holdings in Oxford Square Capital by 22.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock valued at $182,000 after buying an additional 10,368 shares during the period. Cape Investment Advisory Inc. bought a new position in Oxford Square Capital in the fourth quarter valued at approximately $69,000. Connor Clark & Lunn Investment Management Ltd. raised its position in Oxford Square Capital by 16.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 169,339 shares of the company’s stock valued at $510,000 after purchasing an additional 24,519 shares in the last quarter. Quadrature Capital Ltd lifted its stake in Oxford Square Capital by 48.5% during the fourth quarter. Quadrature Capital Ltd now owns 84,451 shares of the company’s stock worth $242,000 after purchasing an additional 27,589 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC bought a new stake in Oxford Square Capital during the fourth quarter worth $245,000. 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.