Oxford Square Capital Corp. (NASDAQ:OXSQ) Short Interest Down 39.3% in October

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

Oxford Square Capital Price Performance

OXSQ opened at $2.70 on Friday. The firm has a market capitalization of $183.30 million, a P/E ratio of -27.00 and a beta of 1.10. Oxford Square Capital has a one year low of $2.67 and a one year high of $3.29. The company has a fifty day moving average price of $2.88 and a 200-day moving average price of $2.98.

Oxford Square Capital (NASDAQ:OXSQ) last announced its earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. The business had revenue of $11.45 million for the quarter. Oxford Square Capital had a positive return on equity of 18.58% and a negative net margin of 10.48%. During the same quarter in the prior year, the company earned $0.13 earnings per share.

Oxford Square Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 15.56%. The ex-dividend date is Monday, March 17th. Oxford Square Capital’s dividend payout ratio (DPR) is -419.96%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a research report on Monday, November 11th.

Hedge Funds Weigh In On Oxford Square Capital

Institutional investors have recently made changes to their positions in the stock. Moloney Securities Asset Management LLC lifted its position in 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 grew its holdings in shares of Oxford Square Capital by 17.6% during the 3rd quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after purchasing an additional 6,103 shares during the last quarter. LifeSteps Financial Inc. purchased a new position in Oxford Square Capital in the 2nd quarter worth $29,000. National Wealth Management Group LLC bought a new stake in Oxford Square Capital in the third quarter worth $28,000. Finally, CANADA LIFE ASSURANCE Co boosted its position 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 buying an additional 10,368 shares during the period. Institutional investors own 6.44% of the company’s stock.

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.