Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 1,993 shares, an increase of 34.2% from the March 31st total of 1,485 shares. Based on an average trading volume of 1,519 shares, the short-interest ratio is currently 1.3 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Oxford Lane Capital stock. NBC Securities Inc. purchased a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,267 shares of the company’s stock, valued at approximately $76,000.
Oxford Lane Capital Stock Up 0.4%
Oxford Lane Capital stock traded up $0.09 during midday trading on Tuesday, hitting $23.70. 1,036 shares of the stock were exchanged, compared to its average volume of 2,575. Oxford Lane Capital has a 52-week low of $22.36 and a 52-week high of $24.01. The business’s 50-day moving average price is $23.44 and its 200-day moving average price is $23.45.
Oxford Lane Capital Dividend Announcement
About Oxford Lane Capital
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.
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