Oxford Lane Capital Corp. (NASDAQ:OXLCO) Short Interest Down 40.7% in December

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,057 shares, a decrease of 40.7% from the December 15th total of 3,466 shares. Based on an average daily volume of 11,763 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 11,763 shares, the short-interest ratio is currently 0.2 days.

Oxford Lane Capital Stock Performance

Shares of OXLCO traded down $0.25 during mid-day trading on Friday, reaching $23.50. 1,469 shares of the company’s stock traded hands, compared to its average volume of 1,907. Oxford Lane Capital has a 12 month low of $22.28 and a 12 month high of $24.01. The business’s 50-day moving average price is $23.45 and its 200-day moving average price is $23.34.

Oxford Lane Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a yield of 6.4%.

Oxford Lane Capital Company Profile

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.