Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 4,500 shares, a growth of 45.2% from the January 15th total of 3,100 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 1.0 days.
Oxford Lane Capital Price Performance
Shares of Oxford Lane Capital stock traded down $0.03 on Friday, hitting $24.22. The company’s stock had a trading volume of 1,241 shares, compared to its average volume of 5,478. Oxford Lane Capital has a 52-week low of $23.15 and a 52-week high of $24.26. The firm has a fifty day moving average price of $24.10 and a 200-day moving average price of $23.99.
Oxford Lane Capital Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.1302 dividend. The ex-dividend date of this dividend is Monday, March 17th.
Oxford Lane Capital Company Profile
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.
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