Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Decreases By 39.3%

Oxford Square Capital Corp. (NASDAQ:OXSQ) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 534,400 shares, a decrease of 39.3% from the October 15th total of 880,500 shares. Based on an average daily trading volume, of 459,100 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Oxford Square Capital from a “hold” rating to a “sell” rating in a research note on Monday, November 11th.

Oxford Square Capital Price Performance

Oxford Square Capital stock opened at $2.70 on Friday. Oxford Square Capital has a one year low of $2.67 and a one year high of $3.29. The stock’s 50 day moving average is $2.88 and its 200 day moving average is $2.98. The firm has a market cap of $183.30 million, a P/E ratio of -27.00 and a beta of 1.10.

Oxford Square Capital (NASDAQ:OXSQ) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.13 EPS for the quarter, hitting the consensus estimate of $0.13. The company had revenue of $11.45 million during the quarter. Oxford Square Capital had a negative net margin of 10.48% and a positive return on equity of 18.58%. During the same period last year, the business earned $0.13 EPS.

Oxford Square Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a dividend yield of 15.56%. The ex-dividend date of this dividend is Monday, March 17th. Oxford Square Capital’s payout ratio is presently -419.96%.

Institutional Investors Weigh In On Oxford Square Capital

Several institutional investors have recently bought and sold shares of OXSQ. Moloney Securities Asset Management LLC boosted its stake in shares of Oxford Square Capital by 2.7% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock worth $423,000 after buying an additional 3,900 shares during the last quarter. Creative Planning raised its position in Oxford Square Capital by 17.6% in the third 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 period. LifeSteps Financial Inc. bought a new position in shares of Oxford Square Capital during the 2nd quarter valued at approximately $29,000. National Wealth Management Group LLC bought a new stake in shares of Oxford Square Capital in the 3rd quarter worth approximately $28,000. Finally, CANADA LIFE ASSURANCE Co grew its holdings in Oxford Square Capital by 22.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock valued at $182,000 after purchasing an additional 10,368 shares during the period. Institutional investors 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.