Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Increases By 525.0%

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

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

NASDAQ OXLCZ remained flat at $23.65 during trading hours on Thursday. 2,736 shares of the company’s stock were exchanged, compared to its average volume of 4,472. The firm has a fifty day moving average price of $23.71 and a 200-day moving average price of $23.53. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $22.60 and a 52 week high of $23.92.

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

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

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.