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

Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Rating) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 2,840,000 shares, an increase of 40.6% from the January 31st total of 2,020,000 shares. Based on an average daily volume of 1,063,600 shares, the short-interest ratio is presently 2.7 days.

Oxford Lane Capital Trading Up 1.2 %

NASDAQ OXLC opened at $5.70 on Thursday. The company’s fifty day simple moving average is $5.62 and its 200-day simple moving average is $5.49. Oxford Lane Capital has a 52 week low of $4.83 and a 52 week high of $7.89. The stock has a market cap of $891.48 million, a P/E ratio of 4.83 and a beta of 1.14.

Oxford Lane Capital (NASDAQ:OXLC – Get Rating) last posted its quarterly earnings results on Friday, January 27th. The investment management company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $67.60 million during the quarter.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 16th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $0.90 annualized dividend and a yield of 15.79%. Oxford Lane Capital’s dividend payout ratio is presently 76.27%.

Institutional Trading of Oxford Lane Capital

Several institutional investors have recently added to or reduced their stakes in OXLC. Money Concepts Capital Corp acquired a new stake in Oxford Lane Capital in the fourth quarter valued at $34,000. CoreCap Advisors LLC acquired a new stake in Oxford Lane Capital in the fourth quarter valued at $45,000. Wesbanco Bank Inc. bought a new stake in Oxford Lane Capital during the third quarter valued at $52,000. Cetera Advisor Networks LLC bought a new stake in Oxford Lane Capital during the fourth quarter valued at $53,000. Finally, AE Wealth Management LLC bought a new stake in Oxford Lane Capital during the third quarter valued at $56,000. 4.39% of the stock is owned by institutional investors and hedge funds.

About Oxford Lane Capital

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Oxford Lane Capital is an investment company that invests primarily in debt and equity tranches of CLO vehicles.