Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Update

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,312 shares, a decline of 65.2% from the August 31st total of 3,771 shares. Based on an average trading volume of 7,420 shares, the short-interest ratio is presently 0.2 days.

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

NASDAQ OXLCZ traded up $0.01 during trading on Monday, hitting $24.93. 504 shares of the company’s stock traded hands, compared to its average volume of 5,829. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $24.14 and a 12-month high of $25.15. The business has a 50 day moving average of $24.95 and a 200-day moving average of $24.77.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.25 annualized dividend and a yield of 5.0%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

Oxford Lane Capital Corp. is a publicly traded closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are structured credit vehicles that generally hold portfolios of leveraged loans and issue securities with different levels of risk and priority.

The company invests mainly in the equity and junior debt tranches of CLOs, with the objective of generating current income and, to a lesser extent, capital appreciation. Its investment portfolio provides exposure to corporate credit markets across a range of industries and borrowers, primarily through CLO securities rather than direct ownership of operating companies.

Oxford Lane Capital Corp.