Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) Short Interest Down 29.3% in November

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 2,900 shares, a decrease of 29.3% from the November 15th total of 4,100 shares. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is presently 1.0 days.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Up 0.8 %

Shares of NASDAQ OXLCL traded up $0.19 during trading on Friday, hitting $23.70. The company had a trading volume of 2,025 shares, compared to its average volume of 3,480. The stock has a 50 day simple moving average of $24.10 and a 200 day simple moving average of $23.99. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 12 month low of $22.60 and a 12 month high of $24.68.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th will be given a $0.4219 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.69 annualized dividend and a dividend yield of 7.12%.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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.