Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Declines By 90.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 500 shares, a drop of 90.0% from the December 31st total of 5,000 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 0.1 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.1 %

NASDAQ:OXLCZ traded down $0.02 during trading hours on Tuesday, reaching $23.79. 4,690 shares of the company traded hands, compared to its average volume of 3,837. The business’s 50-day moving average price is $23.75 and its two-hundred day moving average price is $23.61. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $22.88 and a 1 year high of $23.92.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Sunday, December 15th were given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend was Friday, December 13th.

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

oxford lane capital corp. is a close ended fund launched and managed by oxford lane management llc. it invests in fixed income securities. the fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.