Oxford Lane Capital Corp. (NASDAQ:OXLCM) Short Interest Update

Oxford Lane Capital Corp. (NASDAQ:OXLCM) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 616 shares, a drop of 90.7% from the August 15th total of 6,609 shares. Based on an average trading volume of 6,785 shares, the days-to-cover ratio is currently 0.1 days.

Oxford Lane Capital Price Performance

OXLCM stock traded up $0.03 during mid-day trading on Friday, reaching $25.05. The company had a trading volume of 3,858 shares, compared to its average volume of 14,058. The firm has a fifty day simple moving average of $25.05 and a 200 day simple moving average of $25.03. Oxford Lane Capital has a fifty-two week low of $24.40 and a fifty-two week high of $25.48.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a dividend of $0.1719 per share. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, November 16th.

About Oxford Lane Capital

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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.