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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the December 31st total of 100 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.4 days.

Oxford Lane Capital Stock Performance

Shares of OXLCP stock traded down $0.01 on Tuesday, reaching $24.14. 10,751 shares of the stock were exchanged, compared to its average volume of 6,621. Oxford Lane Capital has a twelve month low of $23.15 and a twelve month high of $24.20. The business’s 50 day moving average price is $24.07 and its 200 day moving average price is $23.93.

Oxford Lane Capital Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.1302 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Friday, May 16th.

About Oxford Lane Capital

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.