Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLC) Increases By 44.6%

Oxford Lane Capital Corp. (NASDAQ:OXLC) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 2,195,094 shares, a growth of 44.6% from the January 15th total of 1,517,764 shares. Approximately 2.4% of the company’s shares are short sold. Based on an average daily trading volume, of 1,619,524 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 1,619,524 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.4% of the company’s shares are short sold.

Oxford Lane Capital Trading Down 8.1%

NASDAQ:OXLC opened at $9.82 on Tuesday. Oxford Lane Capital has a 1 year low of $9.82 and a 1 year high of $25.60. The stock has a 50-day moving average price of $13.56 and a two-hundred day moving average price of $15.34. The stock has a market cap of $890.06 million, a price-to-earnings ratio of 1.57 and a beta of 0.73.

Oxford Lane Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a yield of 24.4%. The ex-dividend date of this dividend is Tuesday, June 16th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of OXLC. Barclays PLC acquired a new stake in shares of Oxford Lane Capital during the fourth quarter worth $24,253,000. North Ground Capital boosted its stake in Oxford Lane Capital by 144.6% in the 4th quarter. North Ground Capital now owns 1,032,585 shares of the investment management company’s stock worth $15,117,000 after purchasing an additional 610,363 shares during the period. Jane Street Group LLC raised its stake in shares of Oxford Lane Capital by 1,520.4% in the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after purchasing an additional 557,996 shares during the period. Eagle Point Credit Management LLC acquired a new stake in shares of Oxford Lane Capital in the 4th quarter valued at about $7,272,000. Finally, Bulldog Investors LLP bought a new stake in shares of Oxford Lane Capital in the third quarter valued at about $7,573,000. Institutional investors own 6.74% of the company’s stock.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.