Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 1,216 shares, a growth of 68.4% from the September 30th total of 722 shares. Based on an average trading volume of 2,246 shares, the short-interest ratio is presently 0.5 days.
Oxford Lane Capital Stock Down 1.0%
NASDAQ:OXLCO opened at $23.52 on Wednesday. The stock’s 50-day simple moving average is $23.68 and its 200 day simple moving average is $23.74. Oxford Lane Capital has a 52-week low of $23.07 and a 52-week high of $24.98.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.
The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.
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