Oxford Lane Capital Corp. (NASDAQ:OXLC) Shares Purchased by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC lifted its stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 28.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,513 shares of the investment management company’s stock after acquiring an additional 8,820 shares during the period. Silverleafe Capital Partners LLC’s holdings in Oxford Lane Capital were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in OXLC. Precision Wealth Strategies LLC acquired a new position in shares of Oxford Lane Capital during the 3rd quarter valued at $52,000. Marks Wealth LLC bought a new position in shares of Oxford Lane Capital during the 3rd quarter valued at about $53,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of Oxford Lane Capital in the 3rd quarter worth approximately $53,000. National Wealth Management Group LLC bought a new stake in Oxford Lane Capital during the third quarter worth approximately $54,000. Finally, McIlrath & Eck LLC acquired a new position in Oxford Lane Capital in the third quarter worth approximately $55,000. 6.74% of the stock is currently owned by institutional investors.

Oxford Lane Capital Price Performance

Shares of OXLC traded up $0.02 during trading hours on Monday, hitting $5.12. 2,888,898 shares of the company were exchanged, compared to its average volume of 7,124,032. The company has a market capitalization of $1.77 billion, a PE ratio of 3.66 and a beta of 1.15. The firm has a fifty day simple moving average of $5.22 and a 200-day simple moving average of $5.32. Oxford Lane Capital Corp. has a one year low of $4.95 and a one year high of $5.78.

Oxford Lane Capital Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is 73.57%.

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.