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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 3,466 shares, a growth of 173.1% from the November 30th total of 1,269 shares. Based on an average daily trading volume, of 2,980 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 2,980 shares, the days-to-cover ratio is currently 1.2 days.

Oxford Lane Capital Stock Performance

Oxford Lane Capital stock opened at $23.48 on Friday. The business has a 50-day moving average of $23.37 and a 200-day moving average of $23.29. Oxford Lane Capital has a 1 year low of $22.28 and a 1 year high of $24.01.

Oxford Lane Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, February 13th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

Oxford Lane Capital Company Profile

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.