Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Drops By 97.9%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 2 shares, a decline of 97.9% from the February 12th total of 96 shares. Based on an average trading volume of 7,188 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 7,188 shares, the short-interest ratio is currently 0.0 days.

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

Shares of OXLCZ opened at $24.66 on Thursday. The company has a 50-day moving average price of $24.54 and a two-hundred day moving average price of $24.38. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $23.44 and a 12 month high of $24.70.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, June 15th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.