Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Declines By 71.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 900 shares, a decrease of 71.0% from the March 31st total of 3,100 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 0.2 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance

OXLCZ remained flat at $23.05 on Thursday. The company had a trading volume of 5,270 shares, compared to its average volume of 4,698. The stock’s 50 day moving average price is $23.12 and its two-hundred day moving average price is $22.88. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a fifty-two week low of $21.93 and a fifty-two week high of $23.28.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were issued a $0.3125 dividend. This represents a $1.25 annualized dividend and a yield of 5.42%. The ex-dividend date was Thursday, March 14th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

oxford lane capital corp. is a close ended fund launched and managed by oxford lane management llc. it invests in fixed income securities. the fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.