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
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
Oxford Lane Capital is an investment company that invests primarily in debt and equity tranches of CLO vehicles.
- Get a free copy of the StockNews.com research report on Oxford Lane Capital (OXLC)
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