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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 600 shares, a growth of 100.0% from the August 31st total of 300 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 5,900 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Oxford Lane Capital

A hedge fund recently bought a new stake in Oxford Lane Capital stock. Resources Management Corp CT ADV bought a new stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,200 shares of the company’s stock, valued at approximately $320,000.

Oxford Lane Capital Price Performance

Shares of NASDAQ:OXLCP opened at $24.57 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 $24.42 and its two-hundred day moving average price is $24.31.

Oxford Lane Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be paid a $0.1302 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a c) annualized dividend and a dividend yield of 6.4%.

Oxford Lane Capital 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.