Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Stock Short Interest Drops 96.9%

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

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

OXSQG stock traded up $0.06 on Tuesday, reaching $24.12. 2,486 shares of the company’s stock were exchanged, compared to its average volume of 1,604. The stock has a fifty day moving average of $24.21 and a 200-day moving average of $24.12. Oxford Square Capital Corp. 5.50% Notes due 2028 has a twelve month low of $23.55 and a twelve month high of $24.65.

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

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were paid 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 dividend 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.