Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,500 shares, an increase of 37.5% from the February 13th total of 4,000 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 1.1 days.
Oxford Lane Capital Price Performance
Shares of NASDAQ:OXLCP traded up $0.12 during trading on Monday, hitting $24.12. The company’s stock had a trading volume of 4,298 shares, compared to its average volume of 4,903. Oxford Lane Capital has a 12 month low of $23.25 and a 12 month high of $24.26. The company has a 50-day moving average of $24.16 and a 200-day moving average of $24.05.
Oxford Lane Capital Announces Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.1302 dividend. The ex-dividend date of this dividend is Monday, March 17th.
Oxford Lane Capital 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.
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