Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Trading Up 0.1% – Should You Buy?

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZGet Free Report)’s share price was up 0.1% during trading on Monday . The stock traded as high as $24.25 and last traded at $24.23. Approximately 2,677 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 6,109 shares. The stock had previously closed at $24.20.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance

The stock has a 50-day simple moving average of $24.23 and a 200-day simple moving average of $24.03.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, September 15th.

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

(Get Free Report)

oxford lane capital corp. is a close ended fund launched and managed by oxford lane management llc. it invests in fixed income securities. the fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.

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