Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Sees Large Growth in Short Interest

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 4,605 shares, a growth of 230,150.0% from the February 26th total of 2 shares. Based on an average trading volume of 11,396 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 11,396 shares, the short-interest ratio is currently 0.4 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Up 0.1%

Shares of OXLCZ stock opened at $24.55 on Wednesday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a one year low of $23.44 and a one year high of $24.79. The company has a 50 day moving average price of $24.55 and a 200 day moving average price of $24.40.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.3125 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.