Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Down 96.7% in May

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 169 shares, a decrease of 96.7% from the May 14th total of 5,191 shares. Based on an average daily trading volume, of 3,744 shares, the days-to-cover ratio is currently 0.0 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance

Shares of OXLCZ stock opened at $24.77 on Wednesday. The company’s 50-day moving average price is $24.71 and its 200-day moving average price is $24.57. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a twelve month low of $23.82 and a twelve month high of $24.89.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.3125 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.0%.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.