Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) Stock Price Up 0.3% – Here’s Why

Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) rose 0.3% during mid-day trading on Thursday . The stock traded as high as $23.98 and last traded at $24.01. 258 shares were traded during mid-day trading, a decline of 80% from the average session volume of 1,267 shares. The stock had previously closed at $23.95.

Oxford Square Capital Corp. 5.50% Notes due 2028 Stock Up 0.3%

The company’s fifty day moving average is $24.14 and its two-hundred day moving average is $24.11.

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

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a $0.3438 dividend. This represents a $1.38 annualized dividend and a yield of 5.7%. The ex-dividend date was Wednesday, July 15th.

Hedge Funds Weigh In On Oxford Square Capital Corp. 5.50% Notes due 2028

A hedge fund recently bought a new position in Oxford Square Capital Corp. 5.50% Notes due 2028 stock. Karpus Management Inc. purchased a new position in shares of Oxford Square Capital Corp. 5.50% Notes due 2028 (NASDAQ:OXSQG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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.