Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLCP) Rises By 16.7%

Oxford Lane Capital Corp. (NASDAQ:OXLCP) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,400 shares, an increase of 16.7% from the November 15th total of 1,200 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is currently 0.4 days.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock opened at $24.10 on Tuesday. The stock’s fifty day moving average is $24.05 and its two-hundred day moving average is $23.82. Oxford Lane Capital has a 52 week low of $22.82 and a 52 week high of $24.20.

Oxford Lane Capital Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.1302 per share. The ex-dividend date is Tuesday, December 17th.

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.