Short Interest in Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Declines By 18.4%

Posted by Anthony Miller on Nov 15th, 2024

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 3,100 shares, a drop of 18.4% from the October 15th total of 3,800 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 1.2 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Price Performance

Oxford Lane Capital Corp. 6.75% Notes due 2031 stock remained flat at $23.98 during midday trading on Friday. The company’s stock had a trading volume of 2,204 shares, compared to its average volume of 3,442. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a one year low of $22.53 and a one year high of $24.68. The stock’s fifty day moving average is $24.33 and its 200-day moving average is $24.00.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be given a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date is Friday, December 13th.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

(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.