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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,400 shares, an increase of 16.7% from the November 15th total of 1,200 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 0.4 days.

Oxford Lane Capital Price Performance

Shares of NASDAQ:OXLCP remained flat at $24.10 during midday trading on Monday. The stock had a trading volume of 8,938 shares, compared to its average volume of 5,300. Oxford Lane Capital has a fifty-two week low of $22.82 and a fifty-two week high of $24.20. The firm has a fifty day simple moving average of $24.05 and a 200 day simple moving average of $23.82.

Oxford Lane Capital Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.1302 per share. The ex-dividend date is Tuesday, December 17th.

Oxford Lane Capital Company Profile

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.