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) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,498 shares, an increase of 2,561.5% from the May 31st total of 169 shares. Based on an average daily trading volume, of 10,271 shares, the days-to-cover ratio is currently 0.4 days.

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

NASDAQ:OXLCZ opened at $24.60 on Friday. The company has a fifty day moving average of $24.74 and a 200 day moving average of $24.59. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.97 and a 52 week high of $24.89.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.3125 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.25 dividend on an annualized basis and a dividend 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.