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

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

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

OXLCZ stock opened at $24.36 on Thursday. The firm has a 50 day moving average of $24.34 and a two-hundred day moving average of $24.22. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $23.44 and a 12 month high of $24.54.

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. Investors of record on Sunday, March 15th will be issued a $0.3125 dividend. The ex-dividend date is Friday, March 13th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

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.