Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Drops By 89.9%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 96 shares, a drop of 89.9% from the January 29th total of 954 shares. Based on an average daily volume of 5,316 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 5,316 shares, the short-interest ratio is currently 0.0 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance

Shares of OXLCZ remained flat at $24.52 during midday trading on Friday. The stock had a trading volume of 5,564 shares, compared to its average volume of 5,904. The stock’s 50-day moving average is $24.49 and its two-hundred day moving average is $24.36. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $23.44 and a 1-year high of $24.70.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.