Oxford Lane Capital Corp. (NASDAQ:OXLCM) Stock Short Interest Report for September

Oxford Lane Capital Corp. (NASDAQ:OXLCM) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,541 shares, a growth of 1,101.3% from the September 15th total of 378 shares. Based on an average daily volume of 4,816 shares, the short-interest ratio is presently 0.9 days.

Oxford Lane Capital Stock Performance

NASDAQ:OXLCM traded down $0.04 on Friday, hitting $24.94. The stock had a trading volume of 2,018 shares, compared to its average volume of 12,911. The company has a fifty day moving average price of $25.06 and a two-hundred day moving average price of $25.04. Oxford Lane Capital has a 1-year low of $24.40 and a 1-year high of $25.48.

Oxford Lane Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be given a dividend of $0.1719 per share. This represents a $2.06 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, November 16th.

About Oxford Lane Capital

Oxford Lane Capital Corp. is a closed-end management investment company that focuses primarily on investments in collateralized loan obligations (CLOs). CLOs are structured investment vehicles backed mainly by portfolios of senior secured corporate loans. Oxford Lane generally invests in the equity and junior debt tranches of these vehicles, seeking to generate current income and long-term total returns.

The company’s portfolio may also include other credit-related investments, such as debt securities and other structured finance instruments.