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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 3,466 shares, an increase of 173.1% from the November 30th total of 1,269 shares. Based on an average daily trading volume, of 2,980 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 2,980 shares, the days-to-cover ratio is currently 1.2 days.

Oxford Lane Capital Stock Performance

Shares of NASDAQ:OXLCO traded down $0.03 during trading on Friday, hitting $23.48. The company’s stock had a trading volume of 1,041 shares, compared to its average volume of 3,167. Oxford Lane Capital has a fifty-two week low of $22.28 and a fifty-two week high of $24.01. The business has a 50 day moving average price of $23.37 and a two-hundred day moving average price of $23.29.

Oxford Lane Capital Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, February 13th. This represents a c) annualized dividend and a yield of 6.4%.

About Oxford Lane Capital

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.