Oxford Square Capital (NASDAQ:OXSQ) Trading 1% Higher

Oxford Square Capital Corp. (NASDAQ:OXSQ)’s share price was up 1% on Wednesday . The stock traded as high as $3.15 and last traded at $3.13. Approximately 136,284 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 220,934 shares. The stock had previously closed at $3.10.

Oxford Square Capital Price Performance

The company has a market capitalization of $188.56 million, a PE ratio of 9.58 and a beta of 1.12. The firm has a 50-day moving average of $3.12 and a two-hundred day moving average of $3.01.

Oxford Square Capital (NASDAQ:OXSQ) last issued its quarterly earnings data on Friday, March 15th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $12.32 million during the quarter. Oxford Square Capital had a return on equity of 17.81% and a net margin of 33.26%.

Oxford Square Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.035 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.42 annualized dividend and a dividend yield of 13.29%. Oxford Square Capital’s dividend payout ratio is currently 127.28%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of OXSQ. Csenge Advisory Group acquired a new stake in shares of Oxford Square Capital in the third quarter valued at $57,000. Virtus ETF Advisers LLC raised its stake in shares of Oxford Square Capital by 89.0% in the third quarter. Virtus ETF Advisers LLC now owns 116,717 shares of the company’s stock valued at $351,000 after acquiring an additional 54,949 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Oxford Square Capital in the third quarter valued at $38,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Oxford Square Capital by 16.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 169,339 shares of the company’s stock valued at $510,000 after acquiring an additional 24,519 shares in the last quarter. Finally, Silverberg Bernstein Capital Management LLC acquired a new stake in shares of Oxford Square Capital in the fourth quarter valued at $245,000. 6.44% of the stock is currently owned by hedge funds and other institutional investors.

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.