Oxford Lane Capital Corp. (NASDAQ:OXLCP) Short Interest Down 24.7% in January

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 290 shares, a decrease of 24.7% from the December 31st total of 385 shares. Based on an average trading volume of 6,578 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 6,578 shares, the short-interest ratio is presently 0.0 days.

Oxford Lane Capital Stock Up 0.1%

Shares of NASDAQ OXLCP traded up $0.02 during midday trading on Monday, reaching $24.69. The company’s stock had a trading volume of 9,253 shares, compared to its average volume of 6,893. Oxford Lane Capital has a one year low of $23.75 and a one year high of $24.97. The company has a 50 day moving average price of $24.63 and a 200 day moving average price of $24.51.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.1302 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, May 15th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Oxford Lane Capital stock. Resources Management Corp CT ADV purchased a new position in Oxford Lane Capital Corp. (NASDAQ:OXLCP) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 13,200 shares of the company’s stock, valued at approximately $320,000.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.

The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.