Oxford Lane Capital Corp (OXLC) to Release Earnings on Wednesday
Oxford Lane Capital Corp (NASDAQ:OXLC) will be releasing its Q216 earnings data on Wednesday, November 16th.
Shares of Oxford Lane Capital Corp (NASDAQ:OXLC) opened at 10.65 on Monday. Oxford Lane Capital Corp has a 12-month low of $5.70 and a 12-month high of $11.80. The stock has a 50 day moving average of $10.27 and a 200-day moving average of $9.75.
An institutional investor recently raised its position in Oxford Lane Capital Corp stock. Morgan Stanley increased its stake in shares of Oxford Lane Capital Corp (NASDAQ:OXLC) by 26.7% during the third quarter, according to its most recent filing with the SEC. The fund owned 22,794 shares of the investment management company’s stock after buying an additional 4,809 shares during the period. Morgan Stanley’s holdings in Oxford Lane Capital Corp were worth $239,000 at the end of the most recent reporting period.
Separately, Zacks Investment Research cut Oxford Lane Capital Corp from a “buy” rating to a “hold” rating in a report on Wednesday, October 26th.
Oxford Lane Capital Corp Company Profile
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.
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