Short Interest in Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Grows By 60.0%

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 800 shares, an increase of 60.0% from the November 15th total of 500 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 0.2 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

OXLCZ stock traded up $0.02 during trading hours on Thursday, hitting $23.92. The company’s stock had a trading volume of 943 shares, compared to its average volume of 4,436. The stock has a 50 day moving average price of $23.69 and a two-hundred day moving average price of $23.51. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $22.51 and a 12 month high of $23.92.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.23%. The ex-dividend date is Friday, December 13th.

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.