Choreo LLC Sells 101,029 Shares of Oxford Lane Capital Corp. $OXLC

Choreo LLC lowered its stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 69.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 45,379 shares of the investment management company’s stock after selling 101,029 shares during the period. Choreo LLC owned approximately 0.05% of Oxford Lane Capital worth $768,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Jane Street Group LLC grew its holdings in Oxford Lane Capital by 1,520.4% during the second quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock worth $2,498,000 after buying an additional 557,996 shares in the last quarter. North Ground Capital bought a new stake in shares of Oxford Lane Capital in the 3rd quarter worth $6,771,000. Jump Financial LLC purchased a new stake in shares of Oxford Lane Capital in the second quarter valued at about $697,000. Transce3nd LLC raised its holdings in shares of Oxford Lane Capital by 63.3% in the second quarter. Transce3nd LLC now owns 415,326 shares of the investment management company’s stock valued at $1,744,000 after purchasing an additional 160,994 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its position in shares of Oxford Lane Capital by 11.1% during the second quarter. Wedbush Securities Inc. now owns 1,516,297 shares of the investment management company’s stock valued at $6,368,000 after purchasing an additional 152,083 shares in the last quarter. Institutional investors own 6.74% of the company’s stock.

Oxford Lane Capital Stock Performance

Oxford Lane Capital stock opened at $8.51 on Wednesday. Oxford Lane Capital Corp. has a fifty-two week low of $8.20 and a fifty-two week high of $25.20. The firm’s 50-day simple moving average is $12.45 and its 200 day simple moving average is $14.71. The stock has a market cap of $771.32 million, a PE ratio of 1.23 and a beta of 0.73.

Oxford Lane Capital Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a dividend yield of 28.2%. The ex-dividend date of this dividend is Tuesday, June 16th.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.