Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,216 shares, a growth of 68.4% from the September 30th total of 722 shares. Based on an average daily trading volume, of 2,246 shares, the short-interest ratio is presently 0.5 days.
Oxford Lane Capital Price Performance
OXLCO opened at $23.78 on Tuesday. The business has a fifty day simple moving average of $23.69 and a 200-day simple moving average of $23.75. Oxford Lane Capital has a fifty-two week low of $23.07 and a fifty-two week high of $24.98.
About Oxford Lane Capital
Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.
The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.
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