Oxford Lane Capital Corp. (NASDAQ:OXLCM) Stock Short Interest Report for September

Oxford Lane Capital Corp. (NASDAQ:OXLCM) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,541 shares, an increase of 1,101.3% from the September 15th total of 378 shares. Based on an average trading volume of 4,816 shares, the days-to-cover ratio is presently 0.9 days.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLCM traded down $0.04 during trading on Friday, hitting $24.94. 2,018 shares of the company were exchanged, compared to its average volume of 12,911. Oxford Lane Capital has a 1 year low of $24.40 and a 1 year high of $25.48. The firm’s fifty day moving average price is $25.06 and its 200 day moving average price is $25.04.

Oxford Lane Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a $0.1719 dividend. The ex-dividend date is Monday, November 16th. This represents a $2.06 annualized dividend and a dividend yield of 8.3%.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp. is a closed-end management investment company that focuses primarily on investments in collateralized loan obligations (CLOs). CLOs are structured investment vehicles backed mainly by portfolios of senior secured corporate loans. Oxford Lane generally invests in the equity and junior debt tranches of these vehicles, seeking to generate current income and long-term total returns.

The company’s portfolio may also include other credit-related investments, such as debt securities and other structured finance instruments.