Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Shares Shorted: Short Interest Down 65.2% in September

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,312 shares, a decline of 65.2% from the August 31st total of 3,771 shares. Based on an average daily trading volume, of 7,420 shares, the short-interest ratio is presently 0.2 days.

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

OXLCZ stock traded up $0.03 during trading on Tuesday, hitting $24.93. The company had a trading volume of 2,116 shares, compared to its average volume of 5,808. The firm has a 50-day moving average price of $24.95 and a 200-day moving average price of $24.77. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $24.14 and a 1-year high of $25.15.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.0%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

Oxford Lane Capital Corp. is a publicly traded closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are structured credit vehicles that generally hold portfolios of leveraged loans and issue securities with different levels of risk and priority.

The company invests mainly in the equity and junior debt tranches of CLOs, with the objective of generating current income and, to a lesser extent, capital appreciation. Its investment portfolio provides exposure to corporate credit markets across a range of industries and borrowers, primarily through CLO securities rather than direct ownership of operating companies.

Oxford Lane Capital Corp.