Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLCO) Grows By 133.3%

Oxford Lane Capital Corp. (NASDAQ:OXLCO) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,400 shares, a growth of 133.3% from the January 31st total of 600 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is presently 0.5 days.

Oxford Lane Capital Price Performance

Oxford Lane Capital stock opened at $23.00 on Monday. Oxford Lane Capital has a 52-week low of $21.92 and a 52-week high of $23.47. The firm has a fifty day moving average of $22.91 and a 200-day moving average of $22.89.

Oxford Lane Capital Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.125 dividend. This represents a $1.50 annualized dividend and a dividend yield of 6.52%. The ex-dividend date is Monday, March 17th.

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.