Oxford Lane Capital Corp. (NASDAQ:OXLCO) Shares Shorted: Short Interest Up 64.1% in September

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 722 shares, an increase of 64.1% from the September 15th total of 440 shares. Based on an average trading volume of 2,793 shares, the short-interest ratio is currently 0.3 days.

Oxford Lane Capital Stock Performance

NASDAQ OXLCO traded down $0.07 on Friday, reaching $23.34. The company’s stock had a trading volume of 4,914 shares, compared to its average volume of 2,883. Oxford Lane Capital has a 52 week low of $23.07 and a 52 week high of $24.98. The business has a 50-day moving average price of $23.78 and a 200 day moving average price of $23.87.

Oxford Lane Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a $0.1250 dividend. This represents a $1.50 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Monday, November 16th.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.

The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.