Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Up 557.6% in April

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,972 shares, an increase of 557.6% from the April 15th total of 604 shares. Based on an average trading volume of 2,650 shares, the short-interest ratio is currently 1.5 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

Shares of NASDAQ:OXLCZ traded up $0.01 during midday trading on Thursday, hitting $24.77. 12,364 shares of the stock were exchanged, compared to its average volume of 6,747. The business’s 50-day moving average price is $24.62 and its 200 day moving average price is $24.50. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $23.82 and a 12 month high of $24.85.

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 issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Monday, June 15th.

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.