Oxford Lane Capital Corp. (NASDAQ:OXLCP) Short Interest Down 47.1% in October

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 900 shares, a decrease of 47.1% from the October 15th total of 1,700 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 0.2 days.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock remained flat at $24.06 during trading on Wednesday. The stock had a trading volume of 1,364 shares, compared to its average volume of 5,577. Oxford Lane Capital has a 52-week low of $22.72 and a 52-week high of $24.16. The company has a fifty day moving average price of $23.97 and a 200-day moving average price of $23.74.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.1302 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.49%.

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.