Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Down 96.7% in May

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 169 shares, a decrease of 96.7% from the May 14th total of 5,191 shares. Based on an average trading volume of 3,744 shares, the short-interest ratio is currently 0.0 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded up $0.02 during midday trading on Thursday, reaching $24.78. 23,412 shares of the stock were exchanged, compared to its average volume of 6,938. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.82 and a 52 week high of $24.89. The company’s fifty day moving average is $24.72 and its 200-day moving average is $24.57.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.25 annualized dividend and a dividend 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.