Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Shares Down 0% – Here’s Why

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ)’s share price was down 0% during mid-day trading on Monday . The stock traded as low as $23.72 and last traded at $23.72. Approximately 332 shares were traded during trading, a decline of 92% from the average daily volume of 4,056 shares. The stock had previously closed at $23.73.

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

The business’s 50 day moving average is $23.61 and its 200 day moving average is $23.44.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 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 5.27%. The ex-dividend date of this dividend is Friday, December 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 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.