Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Update

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 5,000 shares, a growth of 525.0% from the November 30th total of 800 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 1.0 days.

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

Shares of NASDAQ:OXLCZ remained flat at $23.65 during midday trading on Thursday. 2,736 shares of the stock traded hands, compared to its average volume of 4,472. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $22.60 and a 12-month high of $23.92. The business’s 50-day moving average is $23.71 and its 200 day moving average is $23.53.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.29%. The ex-dividend date of this dividend is Friday, December 13th.

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.