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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 5,500 shares, a growth of 37.5% from the February 13th total of 4,000 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 1.1 days.

Oxford Lane Capital Stock Performance

Shares of Oxford Lane Capital stock traded down $0.20 during midday trading on Friday, hitting $24.00. The company had a trading volume of 9,322 shares, compared to its average volume of 4,905. The company has a fifty day simple moving average of $24.16 and a 200 day simple moving average of $24.05. Oxford Lane Capital has a 12-month low of $23.25 and a 12-month high of $24.26.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.1302 per share. The ex-dividend date is Monday, March 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.