Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) fell 0.1% on Thursday . The company traded as low as $24.05 and last traded at $24.07. 1,913 shares changed hands during trading, a decline of 64% from the average session volume of 5,362 shares. The stock had previously closed at $24.09.
Oxford Lane Capital Stock Performance
The firm has a 50 day moving average of $24.04 and a 200-day moving average of $23.79.
Oxford Lane Capital Announces Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.1302 per share. The ex-dividend date is Tuesday, December 17th.
Oxford Lane Capital Company Profile
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.
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