Oxford Lane Capital Corp. (NASDAQ:OXLCO) Short Interest Update

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,400 shares, a growth of 55.6% from the October 15th total of 900 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.8 days.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock traded up $0.22 during trading on Friday, hitting $23.08. 1,683 shares of the stock traded hands, compared to its average volume of 2,256. The firm’s fifty day moving average is $22.90 and its 200-day moving average is $22.61. Oxford Lane Capital has a 52 week low of $21.07 and a 52 week high of $23.47.

Oxford Lane Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.50 annualized dividend and a dividend yield of 6.50%.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.