Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLCO) Decreases By 40.7%

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,057 shares, a decline of 40.7% from the December 15th total of 3,466 shares. Based on an average daily trading volume, of 11,763 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 11,763 shares, the short-interest ratio is currently 0.2 days.

Oxford Lane Capital Stock Down 0.8%

OXLCO traded down $0.20 during trading hours on Thursday, hitting $23.55. The company’s stock had a trading volume of 273 shares, compared to its average volume of 1,783. Oxford Lane Capital has a fifty-two week low of $22.28 and a fifty-two week high of $24.01. The company has a 50-day simple moving average of $23.44 and a 200 day simple moving average of $23.34.

Oxford Lane Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a yield of 6.4%.

About Oxford Lane Capital

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.