Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Update

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 604 shares, a growth of 20,033.3% from the March 31st total of 3 shares. Based on an average trading volume of 4,493 shares, the days-to-cover ratio is presently 0.1 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Up 0.0%

OXLCZ stock traded up $0.00 during midday trading on Friday, reaching $24.67. 302 shares of the company’s stock traded hands, compared to its average volume of 7,183. The company has a 50-day moving average price of $24.55 and a two-hundred day moving average price of $24.45. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.80 and a 52 week high of $24.79.

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

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

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.