Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Down 39.5% in February

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 4,900 shares, a decline of 39.5% from the February 13th total of 8,100 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is currently 0.8 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 1.0 %

NASDAQ OXLCZ traded down $0.24 during trading on Monday, reaching $23.82. 4,686 shares of the company’s stock traded hands, compared to its average volume of 6,874. The company’s 50 day simple moving average is $23.91 and its two-hundred day simple moving average is $23.74. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $22.95 and a 12-month high of $24.37.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, March 14th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.