Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Short Interest Update

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 4,400 shares, a decrease of 27.9% from the March 15th total of 6,100 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is currently 1.0 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Up 0.1 %

Shares of NASDAQ OXLCL traded up $0.03 during mid-day trading on Friday, hitting $24.17. The company’s stock had a trading volume of 223 shares, compared to its average volume of 4,020. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a one year low of $21.90 and a one year high of $24.47. The company’s fifty day simple moving average is $24.02 and its 200-day simple moving average is $23.44.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a $0.4219 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.98%.

Oxford Lane Capital Corp. 6.75% Notes due 2031 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.