Oxford Lane Capital Corp. (NASDAQ:OXLCO) Short Interest Update

Oxford Lane Capital Corp. (NASDAQ:OXLCO) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 400 shares, a decrease of 75.0% from the December 31st total of 1,600 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 0.2 days.

Oxford Lane Capital Stock Down 0.1 %

Oxford Lane Capital stock traded down $0.03 during midday trading on Tuesday, reaching $22.95. The stock had a trading volume of 334 shares, compared to its average volume of 3,514. The firm’s fifty day simple moving average is $22.90 and its 200-day simple moving average is $22.81. Oxford Lane Capital has a 1-year low of $21.69 and a 1-year high of $23.47.

Oxford Lane Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.50 dividend on an annualized basis and a yield of 6.54%.

Oxford Lane Capital Company Profile

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.