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2023-01-27 08:49
Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Rating) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 300 shares, a decrease of 76.9% from the December 31st total of 1,300 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 0.1 days.
OXLCO traded down $0.09 during trading on Thursday, reaching $21.50. 3,213 shares of the company were exchanged, compared to its average volume of 3,371. Oxford Lane Capital has a 12-month low of $19.99 and a 12-month high of $25.00.
Get Oxford Lane Capital alerts:The business also recently disclosed a dividend, which will be paid on Tuesday, February 28th. Investors of record on Tuesday, February 14th will be issued a dividend of $0.125 per share. The ex-dividend date is Monday, February 13th. This represents a yield of 7.12%.
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.
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