Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Up 403.9% in December

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 4,127 shares, an increase of 403.9% from the November 30th total of 819 shares. Based on an average daily trading volume, of 3,045 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 3,045 shares, the days-to-cover ratio is presently 1.4 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.0%

NASDAQ OXLCZ opened at $24.36 on Thursday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $23.44 and a 1-year high of $24.54. The firm’s fifty day simple moving average is $24.34 and its 200-day simple moving average is $24.22.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.1%.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.