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

Oxford Lane Capital Corp. (NASDAQ:OXLCOGet Free Report) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,087 shares, an increase of 1,583.1% from the February 12th total of 124 shares. Based on an average trading volume of 2,963 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 2,963 shares, the short-interest ratio is currently 0.7 days.

Oxford Lane Capital Stock Performance

OXLCO opened at $23.34 on Wednesday. The business has a 50 day moving average price of $23.51 and a 200 day moving average price of $23.41. Oxford Lane Capital has a twelve month low of $22.28 and a twelve month high of $24.01.

Oxford Lane Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Friday, May 15th.

Hedge Funds Weigh In On Oxford Lane Capital

An institutional investor recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. bought a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLCOFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,267 shares of the company’s stock, valued at approximately $76,000.

Oxford Lane Capital Company Profile

(Get Free Report)

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.

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