Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Expands By 200.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 8,100 shares, an increase of 200.0% from the January 31st total of 2,700 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 1.2 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.0 %

NASDAQ:OXLCZ traded down $0.00 during trading hours on Friday, hitting $24.00. 1,076 shares of the company were exchanged, compared to its average volume of 7,905. The company has a fifty day simple moving average of $23.84 and a 200 day simple moving average of $23.70. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a one year low of $22.95 and a one year high of $24.37.

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

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be issued a dividend of $0.3125 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.25 dividend on an annualized basis and a yield of 5.21%.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.