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

Oxford Lane Capital Corp. (NASDAQ:OXLC) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 3,606,598 shares, an increase of 64.3% from the January 29th total of 2,195,094 shares. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days. Currently, 4.0% of the shares of the stock are sold short. Currently, 4.0% of the shares of the stock are sold short. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days.

Oxford Lane Capital Price Performance

OXLC stock traded up $0.06 during trading on Monday, hitting $8.45. The stock had a trading volume of 2,943,768 shares, compared to its average volume of 2,069,662. Oxford Lane Capital has a twelve month low of $8.20 and a twelve month high of $25.45. The company’s 50-day moving average price is $12.67 and its two-hundred day moving average price is $14.83. The stock has a market capitalization of $765.88 million, a P/E ratio of 1.23 and a beta of 0.73.

Oxford Lane Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.20 per share. This represents a c) annualized dividend and a dividend yield of 28.4%. The ex-dividend date is Tuesday, June 16th.

Institutional Investors Weigh In On Oxford Lane Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in OXLC. Barclays PLC purchased a new stake in shares of Oxford Lane Capital during the fourth quarter worth $24,253,000. North Ground Capital boosted its position in Oxford Lane Capital by 144.6% during the fourth quarter. North Ground Capital now owns 1,032,585 shares of the investment management company’s stock worth $15,117,000 after acquiring an additional 610,363 shares during the last quarter. Jane Street Group LLC grew its stake in Oxford Lane Capital by 1,520.4% during the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after acquiring an additional 557,996 shares in the last quarter. Eagle Point Credit Management LLC acquired a new stake in Oxford Lane Capital in the 4th quarter valued at about $7,272,000. Finally, Bulldog Investors LLP acquired a new stake in Oxford Lane Capital in the 3rd quarter valued at about $7,573,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.