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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,000 shares, a drop of 28.6% from the February 13th total of 1,400 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 0.4 days.

Oxford Lane Capital Stock Performance

Shares of OXLCO stock traded up $0.12 on Monday, hitting $23.04. The stock had a trading volume of 2,942 shares, compared to its average volume of 2,286. Oxford Lane Capital has a one year low of $21.92 and a one year high of $23.47. The business has a 50 day moving average price of $22.96 and a 200 day moving average price of $22.91.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a $0.125 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.50 annualized dividend and a dividend yield of 6.51%.

About Oxford Lane Capital

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.