Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Drops By 97.9%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 2 shares, a decrease of 97.9% from the February 12th total of 96 shares. Based on an average daily volume of 7,188 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 7,188 shares, the days-to-cover ratio is presently 0.0 days.

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

OXLCZ traded down $0.02 during trading on Tuesday, hitting $24.66. 5,226 shares of the stock were exchanged, compared to its average volume of 6,894. The firm has a 50 day simple moving average of $24.53 and a 200 day simple moving average of $24.38. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $23.44 and a 1 year high of $24.70.

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

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