Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,232 shares, a growth of 218.3% from the November 30th total of 387 shares. Based on an average trading volume of 4,085 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 4,085 shares, the short-interest ratio is currently 0.3 days.
Oxford Lane Capital Stock Down 0.0%
Shares of NASDAQ OXLCP traded down $0.01 during trading hours on Friday, reaching $24.66. The stock had a trading volume of 2,273 shares, compared to its average volume of 6,166. The business’s fifty day moving average price is $24.54 and its two-hundred day moving average price is $24.45. Oxford Lane Capital has a 52-week low of $23.75 and a 52-week high of $24.97.
Oxford Lane Capital Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.1302 dividend. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, February 13th.
Institutional Inflows and Outflows
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.
The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.
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