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

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 43 shares, a decrease of 96.9% from the October 15th total of 1,402 shares. Based on an average trading volume of 2,045 shares, the short-interest ratio is presently 0.0 days.

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

Shares of Oxford Square Capital Corp. 5.50% Notes due 2028 stock traded up $0.02 during trading on Thursday, reaching $24.15. 968 shares of the stock were exchanged, compared to its average volume of 1,591. The stock’s fifty day moving average is $24.21 and its 200 day moving average is $24.12. Oxford Square Capital Corp. 5.50% Notes due 2028 has a 1 year low of $23.55 and a 1 year high of $24.65.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 15th were given a dividend of $0.3438 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $1.38 dividend on an annualized basis and a yield of 5.7%.

Oxford Square Capital Corp. is a business development company that seeks to generate income and, to a lesser extent, capital appreciation through investments in corporate debt and equity securities. Its portfolio includes investments in collateralized loan obligations (CLOs) as well as loans and other securities issued by middle-market companies. The company’s investments are primarily tied to U.S. businesses, including companies that may have limited access to traditional financing. Oxford Square is externally managed by Oxford Square Management, LLC.