XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) Stock Short Interest Rises 61.6%

Posted by George Bondi on Oct 16th, 2026

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 41,153 shares, a growth of 61.6% from the September 15th total of 25,460 shares. Based on an average daily trading volume, of 81,650 shares, the days-to-cover ratio is presently 0.5 days.

XAI Octagon Floating Rate & Alternative Income Trust Price Performance

Shares of XFLT stock traded down $0.17 on Friday, hitting $18.32. The stock had a trading volume of 6,250 shares, compared to its average volume of 105,223. The company’s 50 day moving average price is $19.21 and its 200-day moving average price is $18.45. XAI Octagon Floating Rate & Alternative Income Trust has a 1 year low of $14.92 and a 1 year high of $25.10.

XAI Octagon Floating Rate & Alternative Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.2250 per share. The ex-dividend date is Thursday, October 15th. This represents a $2.70 dividend on an annualized basis and a yield of 14.7%. XAI Octagon Floating Rate & Alternative Income Trust’s dividend payout ratio is 502.30%.

Institutional Trading of XAI Octagon Floating Rate & Alternative Income Trust

A number of large investors have recently modified their holdings of XFLT. Sit Investment Associates Inc. boosted its holdings in XAI Octagon Floating Rate & Alternative Income Trust by 112.4% in the fourth quarter. Sit Investment Associates Inc. now owns 5,467,565 shares of the company’s stock valued at $26,244,000 after purchasing an additional 2,893,917 shares during the period. CoreCap Advisors LLC acquired a new position in XAI Octagon Floating Rate & Alternative Income Trust during the 2nd quarter worth $51,000. Sculptor Capital LP purchased a new stake in XAI Octagon Floating Rate & Alternative Income Trust during the 1st quarter worth about $269,000. Finally, Alpine Global Management LLC purchased a new stake in XAI Octagon Floating Rate & Alternative Income Trust during the 4th quarter worth about $129,000.

About XAI Octagon Floating Rate & Alternative Income Trust

(Get Free Report)

XAI Octagon Floating Rate & Alternative Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol XFLT. The fund seeks to provide current income and, to a lesser extent, capital appreciation by investing in a portfolio of floating-rate and alternative credit instruments.

The trust primarily invests in collateralized loan obligation (CLO) securities, including CLO debt and equity tranches, as well as senior secured loans and other floating-rate debt securities.