Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,498 shares, a growth of 2,561.5% from the May 31st total of 169 shares. Based on an average trading volume of 10,271 shares, the short-interest ratio is currently 0.4 days.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.1%
Shares of OXLCZ stock traded down $0.04 during trading hours on Friday, hitting $24.59. 6,668 shares of the company’s stock were exchanged, compared to its average volume of 6,660. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $23.97 and a 12-month high of $24.89. The business’s 50 day simple moving average is $24.74 and its 200-day simple moving average is $24.59.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.3125 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.1%.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile
The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.
Oxford Lane Capital Corp.
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