Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 150 shares, a decrease of 48.3% from the January 15th total of 290 shares. Based on an average trading volume of 7,016 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 7,016 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Oxford Lane Capital stock. Resources Management Corp CT ADV acquired a new position in Oxford Lane Capital Corp. (NASDAQ:OXLCP – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,200 shares of the company’s stock, valued at approximately $320,000.
Oxford Lane Capital Stock Performance
NASDAQ OXLCP traded up $0.06 during trading on Thursday, hitting $24.69. 1,094 shares of the stock traded hands, compared to its average volume of 6,545. The firm has a 50-day simple moving average of $24.65 and a 200-day simple moving average of $24.53. Oxford Lane Capital has a 12-month low of $23.75 and a 12-month high of $24.97.
Oxford Lane Capital Dividend Announcement
About Oxford Lane Capital
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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