Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Sees Significant Decline in Short Interest

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

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.1%

Shares of OXLCZ traded down $0.04 during midday trading on Thursday, reaching $24.53. 751 shares of the stock were exchanged, compared to its average volume of 5,817. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a twelve month low of $23.44 and a twelve month high of $24.70. The business’s 50-day moving average price is $24.49 and its 200 day moving average price is $24.36.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.3125 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.25 dividend on an annualized basis and a 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.