Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report)’s stock price was down 0.1% during mid-day trading on Thursday . The stock traded as low as $24.05 and last traded at $24.07. Approximately 1,913 shares were traded during trading, a decline of 64% from the average daily volume of 5,362 shares. The stock had previously closed at $24.09.
Oxford Lane Capital Stock Performance
The business has a 50 day moving average price of $24.04 and a 200 day moving average price of $23.79.
Oxford Lane Capital Announces Dividend
The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.1302 per share. The ex-dividend date is Tuesday, December 17th.
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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