Oxford Lane Capital Corp. (NASDAQ:OXLCN) Short Interest Update

Oxford Lane Capital Corp. (NASDAQ:OXLCN) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 2,271 shares, a growth of 156.9% from the December 31st total of 884 shares. Based on an average trading volume of 4,955 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 4,955 shares, the days-to-cover ratio is presently 0.5 days.

Oxford Lane Capital Trading Up 0.5%

Oxford Lane Capital stock traded up $0.12 during mid-day trading on Thursday, reaching $24.68. 514 shares of the company traded hands, compared to its average volume of 4,190. The firm’s fifty day moving average is $24.42 and its two-hundred day moving average is $24.36. Oxford Lane Capital has a fifty-two week low of $23.40 and a fifty-two week high of $24.78.

About Oxford Lane Capital

Oxford Lane Capital Corp. (Nasdaq: OXLCN) is a closed-end management investment company that is structured to offer publicly traded notes on the Nasdaq Global Market. The firm’s principal investment objective is to provide investors with a high level of current income, with a secondary objective of capital appreciation. By issuing senior unsecured notes under the OXLCN ticker, Oxford Lane Capital seeks to deliver predictable cash distributions to noteholders through its diversified investment portfolio.

The company primarily allocates capital to senior secured loans and equity securities of privately held and thinly traded companies, as well as public small- and mid-cap issuers.