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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 2,366 shares, a decrease of 42.2% from the July 15th total of 4,090 shares. Based on an average daily volume of 1,385 shares, the short-interest ratio is currently 1.7 days.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock opened at $23.97 on Monday. Oxford Lane Capital has a 1 year low of $22.95 and a 1 year high of $24.98. The stock has a 50-day moving average price of $23.99 and a 200 day moving average price of $23.76.

Oxford Lane Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be paid a $0.125 dividend. The ex-dividend date is Monday, November 16th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Hedge Funds Weigh In On Oxford Lane Capital

A hedge fund recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. purchased a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,267 shares of the company’s stock, valued at approximately $76,000.

Oxford Lane Capital Company Profile

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.