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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,400 shares, a growth of 55.6% from the October 15th total of 900 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 0.8 days.

Oxford Lane Capital Stock Performance

OXLCO traded up $0.22 during trading on Friday, reaching $23.08. 1,683 shares of the company were exchanged, compared to its average volume of 2,256. The company’s 50-day moving average is $22.90 and its two-hundred day moving average is $22.61. Oxford Lane Capital has a 12-month low of $21.07 and a 12-month high of $23.47.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.125 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.50 annualized dividend and a dividend yield of 6.50%.

About Oxford Lane Capital

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.