Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Trading Down 0.3% – Here’s What Happened

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) was down 0.3% during trading on Monday . The stock traded as low as $23.76 and last traded at $23.83. Approximately 3,058 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 4,566 shares. The stock had previously closed at $23.89.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Down 0.3%

The firm’s fifty day moving average is $23.82 and its 200 day moving average is $23.58.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Monday, September 15th.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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.