Oxford Lane Capital Corp. (NASDAQ:OXLCN) Short Interest Up 700.0% in September

Oxford Lane Capital Corp. (NASDAQ:OXLCN) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,600 shares, a growth of 700.0% from the August 31st total of 200 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 0.4 days.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLCN opened at $24.33 on Friday. The firm has a fifty day moving average price of $24.32 and a 200-day moving average price of $24.12. Oxford Lane Capital has a 1 year low of $23.40 and a 1 year high of $24.50.

Oxford Lane Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be paid a $0.1484 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Oxford Lane Capital Company Profile

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.