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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, a drop of 16.7% from the October 31st total of 600 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.1 days.

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

OXLCZ stock opened at $23.81 on Friday. The firm’s 50-day moving average price is $23.65 and its two-hundred day moving average price is $23.47. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $22.51 and a 12-month high of $23.83.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Sunday, December 15th will be issued a dividend of $0.3125 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.25 dividend on an annualized basis and a yield of 5.25%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 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.