Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,000 shares, a decline of 28.6% from the February 13th total of 1,400 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 0.4 days.
Oxford Lane Capital Price Performance
OXLCO traded down $0.08 during trading on Friday, reaching $22.99. 443 shares of the stock were exchanged, compared to its average volume of 2,284. Oxford Lane Capital has a twelve month low of $21.92 and a twelve month high of $23.47. The stock’s 50 day moving average price is $22.96 and its two-hundred day moving average price is $22.91.
Oxford Lane Capital Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.125 per share. The ex-dividend date is Monday, March 17th. This represents a $1.50 dividend on an annualized basis and a yield of 6.52%.
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.
Featured Articles
- Five stocks we like better than Oxford Lane Capital
- How to Profit From Value Investing
- How to Build the Ultimate Everything ETF Portfolio
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- How to Invest in Insurance Companies: A Guide
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.