Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLC) Increases By 64.3%

Oxford Lane Capital Corp. (NASDAQ:OXLC) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,606,598 shares, an increase of 64.3% from the January 29th total of 2,195,094 shares. Approximately 4.0% of the company’s shares are sold short. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days. Approximately 4.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Oxford Lane Capital

Institutional investors and hedge funds have recently bought and sold shares of the stock. Capital CS Group LLC grew its stake in shares of Oxford Lane Capital by 7.4% during the fourth quarter. Capital CS Group LLC now owns 16,424 shares of the investment management company’s stock valued at $240,000 after acquiring an additional 1,126 shares in the last quarter. WPG Advisers LLC boosted its holdings in Oxford Lane Capital by 87.5% in the third quarter. WPG Advisers LLC now owns 2,620 shares of the investment management company’s stock valued at $44,000 after purchasing an additional 1,223 shares during the last quarter. McIlrath & Eck LLC grew its stake in Oxford Lane Capital by 31.5% during the 4th quarter. McIlrath & Eck LLC now owns 6,167 shares of the investment management company’s stock valued at $90,000 after purchasing an additional 1,476 shares in the last quarter. Eight 31 Financial LLC increased its holdings in Oxford Lane Capital by 8.2% during the 4th quarter. Eight 31 Financial LLC now owns 21,069 shares of the investment management company’s stock worth $308,000 after purchasing an additional 1,588 shares during the last quarter. Finally, Camelot Portfolios LLC purchased a new stake in Oxford Lane Capital during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 6.74% of the company’s stock.

Oxford Lane Capital Stock Performance

NASDAQ OXLC traded down $0.14 during trading hours on Friday, hitting $8.39. 2,707,204 shares of the company’s stock were exchanged, compared to its average volume of 2,047,109. The business’s 50 day moving average is $12.67 and its 200-day moving average is $14.87. Oxford Lane Capital has a 12-month low of $8.27 and a 12-month high of $25.45. The firm has a market capitalization of $760.44 million, a P/E ratio of 1.32 and a beta of 0.73.

Oxford Lane Capital Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a c) annualized dividend and a dividend yield of 28.6%.

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.