Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Short Interest Up 2,561.5% in June

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 4,498 shares, a growth of 2,561.5% from the May 31st total of 169 shares. Based on an average daily trading volume, of 10,271 shares, the short-interest ratio is presently 0.4 days.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Up 0.0%

OXLCZ stock traded up $0.01 during trading on Thursday, reaching $24.60. 1,599 shares of the stock were exchanged, compared to its average volume of 6,661. The firm’s 50 day moving average is $24.74 and its 200 day moving average is $24.59. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a twelve month low of $23.97 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. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

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.