Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Sees Significant Decrease in Short Interest

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,561 shares, a decline of 38.5% from the June 15th total of 4,167 shares. Based on an average daily trading volume, of 939 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Oxford Square Capital Corp. 5.50% Notes due 2028 stock. Karpus Management Inc. purchased a new position in Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 171,471 shares of the company’s stock, valued at approximately $4,142,000.

Oxford Square Capital Corp. 5.50% Notes due 2028 Trading Up 0.2%

Shares of OXSQG stock traded up $0.04 on Friday, hitting $24.00. The company had a trading volume of 606 shares, compared to its average volume of 1,205. The stock’s 50-day moving average is $24.15 and its two-hundred day moving average is $24.12. Oxford Square Capital Corp. 5.50% Notes due 2028 has a twelve month low of $23.50 and a twelve month high of $24.45.

Oxford Square Capital Corp. 5.50% Notes due 2028 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.3438 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $1.38 annualized dividend and a yield of 5.7%.

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ: OXSQG) are senior unsecured debt securities issued by Oxford Square Capital Corp. These notes carry a fixed interest rate of 5.50% per annum, payable semiannually, and are scheduled to mature on March 1, 2028. Listed on the Nasdaq Global Market, the notes offer investors a defined income stream supported by the credit profile of the issuer.

Oxford Square Capital Corp. is a closed-end management investment company that operates as a business development company under the Investment Company Act of 1940.