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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 474 shares, a decline of 76.2% from the April 15th total of 1,993 shares. Based on an average daily trading volume, of 966 shares, the days-to-cover ratio is presently 0.5 days.

Oxford Lane Capital Stock Down 0.9%

Oxford Lane Capital stock traded down $0.21 during mid-day trading on Friday, hitting $23.78. The company’s stock had a trading volume of 2,132 shares, compared to its average volume of 2,558. The firm’s 50 day moving average is $23.60 and its 200 day moving average is $23.51. Oxford Lane Capital has a 52-week low of $22.58 and a 52-week high of $24.98.

Institutional Trading of Oxford Lane Capital

An institutional investor recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. purchased a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,267 shares of the company’s stock, valued at approximately $76,000.

Oxford Lane Capital Company Profile

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.