Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Stock Short Interest Report for October

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,622 shares, an increase of 64.9% from the September 30th total of 1,590 shares. Based on an average daily trading volume, of 5,774 shares, the short-interest ratio is currently 0.5 days.

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

Shares of OXLCZ opened at $25.01 on Tuesday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $24.21 and a 1 year high of $25.15. The company’s 50 day simple moving average is $24.98 and its 200 day simple moving average is $24.76.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be issued a $0.3125 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $1.25 annualized dividend and a yield of 5.0%.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

Oxford Lane Capital Corp. 5.00% Notes due 2027 are debt securities issued by Oxford Lane Capital Corp., a publicly traded, non-diversified closed-end management investment company. The notes represent obligations of the issuer rather than a separate operating business and trade on the Nasdaq Stock Market under the symbol OXLCZ.

Oxford Lane Capital invests primarily in collateralized loan obligation (CLO) securities, with an emphasis on equity and junior debt tranches. CLOs are investment vehicles backed mainly by portfolios of senior secured corporate loans.