Oxford Square Capital Corp. (NASDAQ:OXSQ) Short Interest Down 26.0% in May

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,310,000 shares, a decrease of 26.0% from the May 15th total of 1,770,000 shares. Based on an average daily trading volume, of 523,200 shares, the short-interest ratio is presently 2.5 days. Currently, 2.2% of the shares of the company are sold short.

Oxford Square Capital Price Performance

Shares of OXSQ stock traded down $0.01 during midday trading on Friday, hitting $2.21. The company had a trading volume of 598,639 shares, compared to its average volume of 462,519. The stock has a market cap of $157.75 million, a price-to-earnings ratio of 221.00 and a beta of 0.66. The company's 50 day simple moving average is $2.40 and its 200 day simple moving average is $2.55. Oxford Square Capital has a 52-week low of $2.19 and a 52-week high of $3.10.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $10.16 million during the quarter, compared to the consensus estimate of $9.90 million. Oxford Square Capital had a positive return on equity of 16.74% and a negative net margin of 1.12%. During the same period last year, the company earned $0.11 earnings per share.

Oxford Square Capital Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be paid a $0.035 dividend. The ex-dividend date of this dividend is Thursday, July 17th. Oxford Square Capital's dividend payout ratio (DPR) is presently 4,200.00%.

Analyst Ratings Changes

Separately, Wall Street Zen cut Oxford Square Capital from a "hold" rating to a "sell" rating in a research report on Sunday, May 4th.

Institutional Trading of Oxford Square Capital

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Kennedy Investment Group purchased a new position in Oxford Square Capital during the first quarter worth about $26,000. Dynamic Technology Lab Private Ltd acquired a new position in Oxford Square Capital during the 1st quarter worth approximately $28,000. Strategic Financial Concepts LLC purchased a new position in shares of Oxford Square Capital during the 4th quarter worth approximately $30,000. United Bank purchased a new position in shares of Oxford Square Capital during the 4th quarter worth approximately $43,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Oxford Square Capital by 42.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,782 shares of the company's stock valued at $49,000 after buying an additional 5,626 shares during the period. Hedge funds and other institutional investors own 6.44% of the company's stock.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.