Oxford Lane Capital Corp. (NASDAQ:OXLCO) Sees Significant Growth in Short Interest

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,091 shares, a growth of 98.9% from the December 31st total of 2,057 shares. Based on an average daily trading volume, of 1,873 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 1,873 shares, the short-interest ratio is presently 2.2 days.

Oxford Lane Capital Stock Performance

Shares of NASDAQ:OXLCO traded down $0.01 on Friday, reaching $23.76. 2,056 shares of the company’s stock were exchanged, compared to its average volume of 2,975. The company has a fifty day moving average of $23.49 and a 200-day moving average of $23.37. Oxford Lane Capital has a twelve month low of $22.28 and a twelve month high of $24.01.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.125 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 6.3%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. bought a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,267 shares of the company’s stock, valued at approximately $76,000.

About Oxford Lane Capital

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.