Almitas Capital LLC Acquires New Shares in Oxford Lane Capital Corp. $OXLC

Almitas Capital LLC acquired a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 119,999 shares of the investment management company’s stock, valued at approximately $2,032,000. Almitas Capital LLC owned about 0.13% of Oxford Lane Capital at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in OXLC. Jane Street Group LLC lifted its position in 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 purchasing an additional 557,996 shares during the last quarter. North Ground Capital bought a new position in Oxford Lane Capital in the 3rd quarter worth about $6,771,000. Jump Financial LLC acquired a new stake in shares of Oxford Lane Capital in the second quarter valued at approximately $697,000. Transce3nd LLC increased its stake 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 period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Oxford Lane Capital by 142.8% during the third quarter. Envestnet Asset Management Inc. now owns 210,520 shares of the investment management company’s stock valued at $3,564,000 after buying an additional 123,808 shares during the last quarter. 6.74% of the stock is owned by institutional investors and hedge funds.

Oxford Lane Capital Price Performance

Shares of OXLC stock opened at $8.20 on Friday. Oxford Lane Capital Corp. has a 12-month low of $8.15 and a 12-month high of $24.90. The firm has a market capitalization of $743.22 million, a price-to-earnings ratio of 1.26 and a beta of 0.78. The business has a 50 day simple moving average of $11.49 and a 200 day simple moving average of $14.22.

Oxford Lane Capital Dividend Announcement

The business 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 $0.20 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 29.3%. The ex-dividend date of this dividend is Tuesday, June 16th.

Oxford Lane Capital Profile

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.