Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 1,400 shares, an increase of 16.7% from the November 15th total of 1,200 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is currently 0.4 days.
Oxford Lane Capital Stock Up 0.2 %
Shares of OXLCP stock opened at $24.10 on Friday. The business has a 50-day moving average price of $24.05 and a two-hundred day moving average price of $23.81. Oxford Lane Capital has a 12-month low of $22.82 and a 12-month high of $24.19.
Oxford Lane Capital Dividend Announcement
The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be paid a $0.1302 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.
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.
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