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

Oxford Lane Capital Corp. (NASDAQ:OXLCPGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 1,300 shares, a growth of 1,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.4 days.

Oxford Lane Capital Stock Down 0.2 %

Oxford Lane Capital stock traded down $0.05 during mid-day trading on Monday, reaching $24.07. 6,433 shares of the company were exchanged, compared to its average volume of 4,633. The business has a fifty day moving average of $24.05 and a 200 day moving average of $23.89. Oxford Lane Capital has a 12-month low of $23.15 and a 12-month high of $24.20.

Oxford Lane Capital Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.1302 per share. The ex-dividend date is Friday, January 17th.

About Oxford Lane Capital

(Get Free Report)

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.

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