Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Update

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,972 shares, a growth of 557.6% from the April 15th total of 604 shares. Based on an average daily volume of 2,650 shares, the days-to-cover ratio is currently 1.5 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Up 0.0%

NASDAQ:OXLCZ traded up $0.01 during mid-day trading on Tuesday, reaching $24.77. 1,286 shares of the company’s stock traded hands, compared to its average volume of 6,672. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $23.82 and a 12-month high of $24.85. The company has a 50 day moving average price of $24.61 and a 200-day moving average price of $24.49.

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

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.3125 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.25 annualized dividend and a yield of 5.0%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

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.