Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Grows By 230,150.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZGet Free Report) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 4,605 shares, a growth of 230,150.0% from the February 26th total of 2 shares. Based on an average daily volume of 11,396 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of NASDAQ OXLCZ opened at $24.60 on Thursday. The firm has a 50-day moving average price of $24.55 and a 200 day moving average price of $24.40. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.44 and a 52 week high of $24.79.

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

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, June 15th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

(Get Free Report)

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.

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