Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,500 shares, an increase of 37.5% from the February 13th total of 4,000 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is presently 1.1 days.
Oxford Lane Capital Trading Down 0.0 %
Shares of OXLCP stock traded down $0.01 on Tuesday, hitting $24.13. 1,208 shares of the stock traded hands, compared to its average volume of 4,889. The firm’s 50-day moving average price is $24.16 and its two-hundred day moving average price is $24.05. Oxford Lane Capital has a twelve month low of $23.25 and a twelve month high of $24.26.
Oxford Lane Capital Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.1302 per share. The ex-dividend date of this dividend is Monday, March 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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