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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 15,235 shares, an increase of 10,056.7% from the January 29th total of 150 shares. Based on an average daily volume of 5,946 shares, the short-interest ratio is presently 2.6 days. Based on an average daily volume of 5,946 shares, the short-interest ratio is presently 2.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxford Lane Capital stock. Karpus Management Inc. acquired a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLCP) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 192,355 shares of the company’s stock, valued at approximately $4,732,000. Oxford Lane Capital comprises approximately 1.0% of Karpus Management Inc.’s holdings, making the stock its 29th largest holding.

Oxford Lane Capital Stock Up 0.4%

Shares of OXLCP stock opened at $24.58 on Friday. The stock’s fifty day simple moving average is $24.64 and its 200 day simple moving average is $24.54. Oxford Lane Capital has a one year low of $23.75 and a one year high of $24.97.

Oxford Lane Capital Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.1302 per share. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 15th.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.

The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.