Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Trading Up 1.5% – Should You Buy?

Shares of Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) traded up 1.5% during mid-day trading on Thursday . The company traded as high as $24.35 and last traded at $24.3690. 2,170 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 1,325 shares. The stock had previously closed at $24.00.

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

The stock has a 50 day simple moving average of $24.02 and a two-hundred day simple moving average of $24.06.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 15th were paid a $0.3438 dividend. This represents a $1.38 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Wednesday, April 15th.

Institutional Inflows and Outflows

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

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.