Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Stock Short Interest Report for October

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 180 shares, a decline of 67.8% from the October 15th total of 559 shares. Based on an average daily volume of 2,958 shares, the short-interest ratio is presently 0.1 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Price Performance

Shares of Oxford Lane Capital Corp. 6.75% Notes due 2031 stock traded up $0.03 during trading hours on Friday, hitting $23.83. 612 shares of the company were exchanged, compared to its average volume of 3,548. The business has a 50-day moving average of $23.90 and a 200-day moving average of $24.17. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 1 year low of $23.42 and a 1 year high of $24.99.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, December 15th.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

Oxford Lane Capital Corp. is a publicly traded, externally managed investment company focused on collateralized loan obligations (CLOs). It invests primarily in CLO equity and junior debt securities, which are backed by portfolios of corporate loans. The company’s investment strategy provides exposure to the performance of leveraged-loan portfolios through CLO securities. Oxford Lane is managed by Oxford Lane Management, LLC. OXLCL represents Oxford Lane Capital Corp. notes due in 2031; it is a debt security issued by the company, rather than a separate operating business.