Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Update

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 500 shares, a decline of 16.7% from the October 31st total of 600 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 0.1 days.

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

Oxford Lane Capital Corp. 5.00% Notes due 2027 stock opened at $23.81 on Monday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $22.51 and a 52 week high of $23.83. The business has a 50-day simple moving average of $23.65 and a 200 day simple moving average of $23.47.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Sunday, December 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend is Friday, December 13th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.