Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Stock Price Up 0.1% – Here’s Why

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ)’s stock price traded up 0.1% during mid-day trading on Thursday . The company traded as high as $23.81 and last traded at $23.81. 2,738 shares traded hands during trading, an increase of 6% from the average session volume of 2,593 shares. The stock had previously closed at $23.77.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

The business has a fifty day moving average of $23.73 and a 200-day moving average of $23.58.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.25%. The ex-dividend date was Friday, December 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 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.