XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) Short Interest Update

Posted by Geri Gentry on Sep 1st, 2026

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 18,366 shares, a decline of 37.0% from the July 30th total of 29,168 shares. Based on an average daily trading volume, of 65,144 shares, the days-to-cover ratio is currently 0.3 days.

XAI Octagon Floating Rate & Alternative Income Trust Price Performance

Shares of NYSE XFLT traded up $0.05 during midday trading on Tuesday, reaching $18.91. 88,854 shares of the stock were exchanged, compared to its average volume of 108,710. The firm has a 50-day simple moving average of $18.37 and a two-hundred day simple moving average of $18.05. XAI Octagon Floating Rate & Alternative Income Trust has a twelve month low of $14.92 and a twelve month high of $28.50.

XAI Octagon Floating Rate & Alternative Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given a dividend of $0.225 per share. The ex-dividend date is Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 14.3%. XAI Octagon Floating Rate & Alternative Income Trust’s dividend payout ratio (DPR) is 531.03%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of XFLT. Evoke Wealth LLC increased its position in shares of XAI Octagon Floating Rate & Alternative Income Trust by 16.4% during the fourth quarter. Evoke Wealth LLC now owns 17,568 shares of the company’s stock worth $84,000 after purchasing an additional 2,479 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in XAI Octagon Floating Rate & Alternative Income Trust in the 2nd quarter valued at $51,000. EverSource Wealth Advisors LLC increased its stake in shares of XAI Octagon Floating Rate & Alternative Income Trust by 21.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 17,000 shares of the company’s stock worth $82,000 after acquiring an additional 3,000 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of XAI Octagon Floating Rate & Alternative Income Trust by 5.2% in the 3rd quarter. Private Advisor Group LLC now owns 113,011 shares of the company’s stock worth $599,000 after acquiring an additional 5,582 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of XAI Octagon Floating Rate & Alternative Income Trust during the 2nd quarter worth $34,000.

XAI Octagon Floating Rate & Alternative Income Trust Company Profile

(Get Free Report)

XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) is a closed-end management investment company that seeks to provide current income by investing primarily in floating-rate senior secured debt and credit-related securities. The fund’s portfolio is constructed to offer exposure to corporate floating-rate loans, collateralized loan obligations (CLOs) and other structured credit instruments, with the goal of generating attractive risk-adjusted yields across changing interest-rate environments.

Advised by XAI Asset Management, LLC and sub-advised by Octagon Credit Investors, the trust combines the credit selection capabilities of both firms to identify opportunities in North American corporate credit markets.

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