Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Sees Significant Increase in Short Interest

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 4,127 shares, an increase of 403.9% from the November 30th total of 819 shares. Based on an average daily trading volume, of 3,045 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 3,045 shares, the short-interest ratio is presently 1.4 days.

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

OXLCZ stock opened at $24.35 on Friday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $23.44 and a 1 year high of $24.54. The stock’s fifty day moving average price is $24.35 and its 200-day moving average price is $24.22.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Friday, March 13th.

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.