Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report)’s stock price was down 0.2% during trading on Thursday . The company traded as low as $23.41 and last traded at $23.52. Approximately 2,113 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 6,387 shares. The stock had previously closed at $23.56.
Oxford Lane Capital Stock Performance
The company’s 50-day moving average price is $23.42 and its two-hundred day moving average price is $23.22.
Oxford Lane Capital Company Profile
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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