Oxford Lane Capital Corp. (NASDAQ:OXLCO) Shares Shorted: Short Interest Up 64.1% in September

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 722 shares, an increase of 64.1% from the September 15th total of 440 shares. Based on an average daily volume of 2,793 shares, the short-interest ratio is currently 0.3 days.

Oxford Lane Capital Stock Up 0.1%

Shares of NASDAQ:OXLCO opened at $23.40 on Friday. The company has a 50 day moving average of $23.80 and a 200-day moving average of $23.87. Oxford Lane Capital has a twelve month low of $23.07 and a twelve month high of $24.98.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a $0.1250 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.50 dividend on an annualized basis and a yield of 6.4%.

About Oxford Lane Capital

Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.

The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.