Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLC) Grows By 64.3%

Oxford Lane Capital Corp. (NASDAQ:OXLC) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 3,606,598 shares, a growth of 64.3% from the January 29th total of 2,195,094 shares. Approximately 4.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,612,987 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 2,612,987 shares, the short-interest ratio is presently 1.4 days. Approximately 4.0% of the company’s shares are sold short.

Oxford Lane Capital Trading Down 1.6%

Shares of OXLC stock traded down $0.14 during mid-day trading on Friday, reaching $8.39. The stock had a trading volume of 2,707,204 shares, compared to its average volume of 2,047,109. The stock’s 50-day moving average price is $12.67 and its two-hundred day moving average price is $14.83. Oxford Lane Capital has a 52-week low of $8.27 and a 52-week high of $25.45. The firm has a market capitalization of $760.44 million, a PE ratio of 1.32 and a beta of 0.73.

Oxford Lane Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 28.6%.

Institutional Investors Weigh In On Oxford Lane Capital

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its holdings in shares of Oxford Lane Capital by 70.5% during the first quarter. Integrated Wealth Concepts LLC now owns 31,136 shares of the investment management company’s stock valued at $147,000 after acquiring an additional 12,873 shares in the last quarter. NewEdge Advisors LLC increased its position in Oxford Lane Capital by 17.9% during the 1st quarter. NewEdge Advisors LLC now owns 29,326 shares of the investment management company’s stock valued at $138,000 after purchasing an additional 4,462 shares during the period. D.A. Davidson & CO. raised its holdings in Oxford Lane Capital by 59.6% in the 2nd quarter. D.A. Davidson & CO. now owns 57,696 shares of the investment management company’s stock worth $242,000 after purchasing an additional 21,554 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Oxford Lane Capital in the 2nd quarter worth about $47,000. Finally, Keybank National Association OH bought a new stake in shares of Oxford Lane Capital during the 2nd quarter valued at about $107,000. 6.74% of the stock is currently owned by institutional investors.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.