Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Sees Large Decline in Short Interest

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 169 shares, a drop of 96.7% from the May 14th total of 5,191 shares. Based on an average daily volume of 3,744 shares, the short-interest ratio is currently 0.0 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded down $0.01 during midday trading on Tuesday, reaching $24.77. 43,682 shares of the company’s stock were exchanged, compared to its average volume of 6,776. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.82 and a 52 week high of $24.89. The stock’s 50-day simple moving average is $24.71 and its 200 day simple moving average is $24.57.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.3125 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.0%.

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.