Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Stock Price Down 0.3% – Time to Sell?

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG)’s share price traded down 0.3% on Friday . The company traded as low as $23.98 and last traded at $23.98. 12,785 shares traded hands during trading, an increase of 758% from the average session volume of 1,490 shares. The stock had previously closed at $24.05.

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

The firm’s 50-day moving average is $24.08 and its two-hundred day moving average is $24.09.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a dividend of $0.3438 per share. This represents a $1.38 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Wednesday, July 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. purchased a new stake in shares of Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 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.