Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Stock Short Interest Report for October

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 180 shares, a decline of 67.8% from the October 15th total of 559 shares. Based on an average trading volume of 2,958 shares, the days-to-cover ratio is currently 0.1 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Up 0.1%

OXLCL stock traded up $0.03 on Friday, hitting $23.83. The company’s stock had a trading volume of 612 shares, compared to its average volume of 3,548. The firm has a 50 day moving average of $23.90 and a two-hundred day moving average of $24.17. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 1 year low of $23.42 and a 1 year high of $24.99.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a $0.4219 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $1.69 dividend on an annualized basis and a yield of 7.1%.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Company Profile

Oxford Lane Capital Corp. is a publicly traded, externally managed investment company focused on collateralized loan obligations (CLOs). It invests primarily in CLO equity and junior debt securities, which are backed by portfolios of corporate loans. The company’s investment strategy provides exposure to the performance of leveraged-loan portfolios through CLO securities. Oxford Lane is managed by Oxford Lane Management, LLC. OXLCL represents Oxford Lane Capital Corp. notes due in 2031; it is a debt security issued by the company, rather than a separate operating business.