Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Stock Short Interest Report for October

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 559 shares, a decrease of 61.4% from the September 30th total of 1,447 shares. Based on an average daily trading volume, of 3,092 shares, the short-interest ratio is currently 0.2 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Trading Up 0.1%

NASDAQ OXLCL traded up $0.02 on Friday, reaching $23.67. The company had a trading volume of 1,211 shares, compared to its average volume of 3,497. The company’s fifty day moving average is $24.02 and its 200 day moving average is $24.19. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 52-week low of $23.42 and a 52-week high of $24.99.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a $0.4219 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $1.69 dividend on an annualized basis and a yield of 7.1%.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

Oxford Lane Capital Corp. is a closed-end management investment company focused primarily on investing in collateralized loan obligations (CLOs). Its portfolio generally includes equity and debt tranches of CLO vehicles, which are backed by pools of senior secured loans and other corporate credit instruments. Through these investments, the company seeks to generate current income and, to a lesser extent, capital appreciation.

Oxford Lane Capital Corp. was organized in 2010 and has operated as an investment company registered under the Investment Company Act of 1940.