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

Oxford Lane Capital Corp. (NASDAQ:OXLC) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,195,094 shares, a growth of 44.6% from the January 15th total of 1,517,764 shares. Based on an average trading volume of 1,619,524 shares, the short-interest ratio is presently 1.4 days. Currently, 2.4% of the company’s stock are sold short. Currently, 2.4% of the company’s stock are sold short. Based on an average trading volume of 1,619,524 shares, the short-interest ratio is presently 1.4 days.

Oxford Lane Capital Trading Down 8.1%

Shares of OXLC stock opened at $9.82 on Friday. Oxford Lane Capital has a 12-month low of $9.82 and a 12-month high of $25.60. The business’s fifty day simple moving average is $13.65 and its 200-day simple moving average is $15.42. The company has a market cap of $890.06 million, a PE ratio of 1.57 and a beta of 0.73.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, June 16th. This represents a c) dividend on an annualized basis and a dividend yield of 24.4%.

Institutional Trading of Oxford Lane Capital

A number of institutional investors have recently bought and sold shares of OXLC. North Ground Capital increased its stake in Oxford Lane Capital by 144.6% during the 4th quarter. North Ground Capital now owns 1,032,585 shares of the investment management company’s stock valued at $15,117,000 after purchasing an additional 610,363 shares in the last quarter. Jane Street Group LLC increased its position in shares of Oxford Lane Capital by 1,520.4% in the 2nd quarter. Jane Street Group LLC now owns 594,696 shares of the investment management company’s stock valued at $2,498,000 after acquiring an additional 557,996 shares during the period. Eagle Point Credit Management LLC purchased a new position in Oxford Lane Capital in the 4th quarter worth $7,272,000. Bulldog Investors LLP acquired a new stake in Oxford Lane Capital during the 3rd quarter worth about $7,573,000. Finally, Ares Management LLC purchased a new stake in Oxford Lane Capital during the 4th quarter valued at about $3,623,000. 6.74% of the stock is currently owned by institutional investors and hedge funds.

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.