Oxford Lane Capital Corp. (NASDAQ:OXLCP) Short Interest Down 68.8% in December

Oxford Lane Capital Corp. (NASDAQ:OXLCPGet Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 385 shares, a drop of 68.8% from the December 15th total of 1,232 shares. Based on an average trading volume of 6,077 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 6,077 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxford Lane Capital stock. Resources Management Corp CT ADV purchased a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCPFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,200 shares of the company’s stock, valued at approximately $320,000.

Oxford Lane Capital Price Performance

Oxford Lane Capital stock traded up $0.05 during trading on Thursday, reaching $24.74. The company had a trading volume of 26,673 shares, compared to its average volume of 6,567. Oxford Lane Capital has a 12-month low of $23.75 and a 12-month high of $24.97. The stock’s 50 day moving average price is $24.58 and its two-hundred day moving average price is $24.48.

Oxford Lane Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.1302 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Friday, February 13th.

About Oxford Lane Capital

(Get Free Report)

Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.

The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.

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