Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Grows By 500.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 954 shares, an increase of 500.0% from the January 15th total of 159 shares. Based on an average daily volume of 5,752 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 5,752 shares, the days-to-cover ratio is currently 0.2 days.

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

Oxford Lane Capital Corp. 5.00% Notes due 2027 stock opened at $24.62 on Wednesday. The company’s 50-day moving average is $24.46 and its two-hundred day moving average is $24.33. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $23.44 and a 1 year high of $24.70.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, March 13th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.