Oxford Lane Capital Corp. (NASDAQ:OXLCO) Stock Short Interest Report for September

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 722 shares, a growth of 64.1% from the September 15th total of 440 shares. Based on an average daily volume of 2,793 shares, the short-interest ratio is presently 0.3 days.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLCO opened at $23.40 on Friday. Oxford Lane Capital has a 52-week low of $23.07 and a 52-week high of $24.98. The business has a fifty day moving average of $23.80 and a two-hundred day moving average of $23.87.

Oxford Lane Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a $0.1250 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Monday, November 16th.

About Oxford Lane Capital

Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.

The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.