Short Interest in Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Decreases By 20.0%

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 2,400 shares, a decrease of 20.0% from the April 30th total of 3,000 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is presently 0.7 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Trading Down 0.0%

Oxford Lane Capital Corp. 6.75% Notes due 2031 stock traded down $0.01 during trading hours on Tuesday, reaching $23.48. 628 shares of the stock were exchanged, compared to its average volume of 3,268. The stock has a 50 day moving average of $23.20 and a two-hundred day moving average of $23.50. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a twelve month low of $22.75 and a twelve month high of $24.68.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Sunday, June 15th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.19%. The ex-dividend date of this dividend is Friday, June 13th.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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.