Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,600 shares, a decrease of 34.5% from the February 28th total of 5,500 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is currently 0.7 days.
Oxford Lane Capital Stock Down 0.1 %
Shares of OXLCP stock traded down $0.02 on Friday, hitting $24.18. 7,536 shares of the stock were exchanged, compared to its average volume of 4,823. Oxford Lane Capital has a one year low of $23.30 and a one year high of $24.40. The firm’s 50 day moving average is $24.18 and its two-hundred day moving average is $24.08.
Oxford Lane Capital Dividend Announcement
The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.1302 dividend. The ex-dividend date is Wednesday, April 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.
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