Virtus ETF Advisers LLC Purchases Shares of 853,131 Oxford Square Capital Corp (NASDAQ:OXSQ)

Virtus ETF Advisers LLC purchased a new stake in Oxford Square Capital Corp (NASDAQ:OXSQ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 853,131 shares of the company’s stock, valued at approximately $5,460,000. Oxford Square Capital accounts for approximately 1.2% of Virtus ETF Advisers LLC’s portfolio, making the stock its 3rd biggest position. Virtus ETF Advisers LLC owned approximately 1.79% of Oxford Square Capital as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Montreal Can increased its position in shares of Oxford Square Capital by 43.2% during the first quarter. Bank of Montreal Can now owns 116,000 shares of the company’s stock worth $754,000 after buying an additional 35,000 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Oxford Square Capital by 2.2% during the second quarter. Commonwealth Equity Services LLC now owns 168,100 shares of the company’s stock worth $1,075,000 after buying an additional 3,691 shares during the period. Van ECK Associates Corp increased its position in shares of Oxford Square Capital by 10.1% during the second quarter. Van ECK Associates Corp now owns 446,883 shares of the company’s stock worth $2,860,000 after buying an additional 41,124 shares during the period. NEXT Financial Group Inc acquired a new stake in shares of Oxford Square Capital during the second quarter worth $75,000. Finally, Stratos Wealth Partners LTD. increased its position in shares of Oxford Square Capital by 10.8% during the first quarter. Stratos Wealth Partners LTD. now owns 20,600 shares of the company’s stock worth $134,000 after buying an additional 2,000 shares during the period. Hedge funds and other institutional investors own 16.21% of the company’s stock.

Shares of OXSQ traded up $0.04 during trading hours on Thursday, hitting $6.21. 268,723 shares of the stock were exchanged, compared to its average volume of 161,786. Oxford Square Capital Corp has a fifty-two week low of $5.89 and a fifty-two week high of $7.45. The business has a 50-day moving average of $6.33 and a 200-day moving average of $6.44. The firm has a market capitalization of $295.91 million, a P/E ratio of 9.27 and a beta of 0.48.



Oxford Square Capital (NASDAQ:OXSQ) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. The business had revenue of $20.91 million during the quarter. Oxford Square Capital had a negative net margin of 34.20% and a positive return on equity of 11.75%. As a group, equities analysts anticipate that Oxford Square Capital Corp will post 0.8 earnings per share for the current year.

Several research firms have recently weighed in on OXSQ. LADENBURG THALM/SH SH cut shares of Oxford Square Capital from a “buy” rating to a “neutral” rating in a research report on Friday, August 2nd. Zacks Investment Research cut shares of Oxford Square Capital from a “buy” rating to a “hold” rating in a research report on Tuesday, July 9th. Finally, TheStreet cut shares of Oxford Square Capital from a “b-” rating to a “c+” rating in a research report on Friday, August 23rd. Two research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $5.67.

Oxford Square Capital Company Profile

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.

See Also: Growth Stocks

Want to see what other hedge funds are holding OXSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Square Capital Corp (NASDAQ:OXSQ).

Institutional Ownership by Quarter for Oxford Square Capital (NASDAQ:OXSQ)

Receive News & Ratings for Oxford Square Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Square Capital and related companies with MarketBeat.com's FREE daily email newsletter.