Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Up 500.0% in January

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 954 shares, a growth of 500.0% from the January 15th total of 159 shares. Based on an average trading volume of 5,752 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 5,752 shares, the days-to-cover ratio is currently 0.2 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Up 0.2%

Shares of OXLCZ stock traded up $0.05 on Tuesday, hitting $24.61. 2,133 shares of the stock traded hands, compared to its average volume of 5,631. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a twelve month low of $23.44 and a twelve month high of $24.70. The firm’s 50-day moving average price is $24.46 and its two-hundred day moving average price is $24.33.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be paid a $0.3125 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

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.