Oxford Lane Capital Corp. (NASDAQ:OXLCO) Stock Short Interest Report for October

Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 4,250 shares, an increase of 249.5% from the October 15th total of 1,216 shares. Based on an average daily volume of 2,186 shares, the short-interest ratio is currently 1.9 days.

Oxford Lane Capital Price Performance

Shares of OXLCO traded down $0.20 during midday trading on Friday, reaching $23.89. 1,245 shares of the stock were exchanged, compared to its average volume of 2,803. Oxford Lane Capital has a 52 week low of $23.07 and a 52 week high of $24.98. The company’s 50 day moving average is $23.67 and its two-hundred day moving average is $23.75.

Oxford Lane Capital Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 26th. Investors of record on Friday, February 12th will be paid a $0.1250 dividend. The ex-dividend date of this dividend is Friday, February 12th. This represents a $1.50 dividend on an annualized basis and a yield of 6.3%.

Oxford Lane Capital Company Profile

(Get Free Report)

Oxford Lane Capital Corp. is a closed-end management investment company focused on collateralized loan obligations (CLOs), which pool leveraged loans and issue securities with different levels of risk and priority. The company invests primarily in CLO equity and debt securities. Its investment strategy seeks income and total return by investing across CLO structures, including junior tranches that may be more sensitive to changes in loan performance and market conditions. The underlying loan portfolios are principally associated with the U.S. leveraged-loan market.

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