Short Interest in Oxford Lane Capital Corp. (NASDAQ:OXLC) Increases By 64.3%

Oxford Lane Capital Corp. (NASDAQ:OXLC) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 3,606,598 shares, an increase of 64.3% from the January 29th total of 2,195,094 shares. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days. Approximately 4.0% of the shares of the stock are short sold. Approximately 4.0% of the shares of the stock are short sold. Based on an average daily volume of 2,612,987 shares, the short-interest ratio is currently 1.4 days.

Oxford Lane Capital Stock Performance

OXLC stock traded down $0.14 on Friday, reaching $8.39. The company had a trading volume of 2,707,204 shares, compared to its average volume of 2,047,109. The company’s fifty day moving average is $12.67 and its 200 day moving average is $14.87. The company has a market cap of $760.44 million, a P/E ratio of 1.32 and a beta of 0.73. Oxford Lane Capital has a 1 year low of $8.27 and a 1 year high of $25.45.

Oxford Lane Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a $0.20 dividend. This represents a c) annualized dividend and a dividend yield of 28.6%. The ex-dividend date is Tuesday, June 16th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OXLC. Barclays PLC purchased a new position in Oxford Lane Capital in the 4th quarter valued at about $24,253,000. Wedbush Securities Inc. lifted its stake in shares of Oxford Lane Capital by 11.1% during the second quarter. Wedbush Securities Inc. now owns 1,516,297 shares of the investment management company’s stock valued at $6,368,000 after buying an additional 152,083 shares during the period. North Ground Capital boosted its position in Oxford Lane Capital by 144.6% during the fourth quarter. North Ground Capital now owns 1,032,585 shares of the investment management company’s stock worth $15,117,000 after acquiring an additional 610,363 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in Oxford Lane Capital by 3.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 682,335 shares of the investment management company’s stock worth $2,866,000 after acquiring an additional 22,365 shares during the period. Finally, Jane Street Group LLC raised its holdings in Oxford Lane Capital by 1,520.4% in the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after acquiring an additional 557,996 shares during the last quarter. Institutional investors and hedge funds own 6.74% of the company’s stock.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.