Oxford Lane Capital Corp. (NASDAQ:OXLCO) Short Interest Up 50.0% in March

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, an increase of 50.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.6 days.

Oxford Lane Capital Stock Down 0.1 %

OXLCO stock traded down $0.03 during trading on Monday, reaching $22.92. The stock had a trading volume of 757 shares, compared to its average volume of 2,301. The stock’s 50 day moving average is $22.99 and its two-hundred day moving average is $22.93. Oxford Lane Capital has a 52 week low of $21.92 and a 52 week high of $23.47.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.54%. The ex-dividend date is Wednesday, April 16th.

About Oxford Lane Capital

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.