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

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 172 shares, a drop of 88.6% from the September 15th total of 1,508 shares. Based on an average daily volume of 694 shares, the days-to-cover ratio is currently 0.2 days.

Oxford Square Capital Corp. 5.50% Notes due 2028 Price Performance

NASDAQ:OXSQG traded up $0.60 on Friday, reaching $24.80. The company’s stock had a trading volume of 667 shares, compared to its average volume of 1,446. The stock has a 50 day moving average price of $24.19 and a 200 day moving average price of $24.12. Oxford Square Capital Corp. 5.50% Notes due 2028 has a 12-month low of $23.50 and a 12-month high of $24.65.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be given a dividend of $0.3438 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.5%.

Oxford Square Capital Corp. is a closed-end investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The company focuses on investing in the debt and equity securities of middle-market companies and primarily seeks income from its investment portfolio.

Oxford Square’s investment activities have included investments in collateralized loan obligations, including senior and subordinated securities, as well as corporate debt and other structured finance investments.