Short Interest in Oxford Square Capital Corp. (NASDAQ:OXSQ) Increases By 93.4%

Oxford Square Capital Corp. (NASDAQ:OXSQ) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 4,191,814 shares, a growth of 93.4% from the January 29th total of 2,167,303 shares. Currently, 5.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,368,540 shares, the short-interest ratio is presently 3.1 days. Based on an average daily trading volume, of 1,368,540 shares, the short-interest ratio is presently 3.1 days. Currently, 5.6% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Square Capital in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Oxford Square Capital Stock Performance

OXSQ stock opened at $1.77 on Monday. The business has a 50-day simple moving average of $1.82 and a two-hundred day simple moving average of $1.89. The company has a market capitalization of $144.56 million, a P/E ratio of -44.25 and a beta of 0.53. Oxford Square Capital has a 52-week low of $1.56 and a 52-week high of $2.84.

Hedge Funds Weigh In On Oxford Square Capital

A number of hedge funds have recently bought and sold shares of the company. Moloney Securities Asset Management LLC grew its stake in shares of Oxford Square Capital by 4.9% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 163,418 shares of the company’s stock worth $260,000 after acquiring an additional 7,674 shares in the last quarter. Silverberg Bernstein Capital Management LLC boosted its holdings in Oxford Square Capital by 12.5% during the third quarter. Silverberg Bernstein Capital Management LLC now owns 80,451 shares of the company’s stock worth $128,000 after purchasing an additional 8,935 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Oxford Square Capital in the 1st quarter worth about $28,000. StoneX Group Inc. purchased a new stake in Oxford Square Capital in the 4th quarter valued at about $29,000. Finally, Arkadios Wealth Advisors purchased a new stake in Oxford Square Capital in the 3rd quarter valued at about $32,000. 6.44% of the stock is owned by hedge funds and other institutional investors.

Oxford Square Capital Company Profile

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.