Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Short Interest Down 70.2% in March

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,400 shares, a drop of 70.2% from the March 15th total of 4,700 shares. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 0.5 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Up 0.2 %

NASDAQ OXLCL traded up $0.04 on Tuesday, reaching $22.86. 969 shares of the company’s stock traded hands, compared to its average volume of 3,349. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 12 month low of $22.75 and a 12 month high of $24.68. The stock has a 50-day simple moving average of $23.50 and a 200 day simple moving average of $23.75.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.38%. The ex-dividend date is Monday, December 15th.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Company Profile

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.