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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 159 shares, a drop of 34.8% from the December 31st total of 244 shares. Based on an average daily volume of 4,682 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,682 shares, the short-interest ratio is currently 0.0 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.0%

Shares of OXLCZ traded down $0.01 during trading hours on Monday, reaching $24.59. 18,310 shares of the company traded hands, compared to its average volume of 6,034. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $23.44 and a 1-year high of $24.64. The stock’s fifty day moving average is $24.45 and its 200 day moving average is $24.31.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, March 13th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.