Oxford Lane Capital Corp. (NASDAQ:OXLCP) Short Interest Up 45.8% in February

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 22,209 shares, a growth of 45.8% from the February 12th total of 15,235 shares. Based on an average daily volume of 16,186 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 16,186 shares, the days-to-cover ratio is currently 1.4 days.

Oxford Lane Capital Stock Performance

NASDAQ:OXLCP opened at $24.87 on Friday. Oxford Lane Capital has a 12 month low of $23.75 and a 12 month high of $24.97. The company’s 50-day moving average price is $24.66 and its two-hundred day moving average price is $24.56.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.1302 per share. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Institutional Trading of Oxford Lane Capital

An institutional investor recently bought a new position in Oxford Lane Capital stock. Resources Management Corp CT ADV acquired a new position in Oxford Lane Capital Corp. (NASDAQ:OXLCP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,200 shares of the company’s stock, valued at approximately $320,000.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.

The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.