Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Sees Large Increase in Short Interest

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 4,498 shares, a growth of 2,561.5% from the May 31st total of 169 shares. Based on an average daily volume of 10,271 shares, the short-interest ratio is currently 0.4 days.

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

Shares of Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded up $0.01 on Thursday, hitting $24.60. The company had a trading volume of 1,599 shares, compared to its average volume of 6,661. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $23.97 and a 1 year high of $24.89. The stock has a 50 day moving average of $24.74 and a 200-day moving average of $24.59.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.3125 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.25 annualized dividend and a yield of 5.1%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.