Oxford Lane Capital Corp. (NASDAQ:OXLC) Short Interest Update

Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,810,000 shares, a drop of 21.7% from the December 15th total of 3,590,000 shares. Based on an average trading volume of 4,508,400 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Oxford Lane Capital

Large investors have recently modified their holdings of the stock. Captrust Financial Advisors lifted its position in shares of Oxford Lane Capital by 31.1% during the 3rd quarter. Captrust Financial Advisors now owns 13,628 shares of the investment management company's stock valued at $71,000 after acquiring an additional 3,229 shares during the period. Capital Investment Advisors LLC increased its stake in Oxford Lane Capital by 33.5% in the third quarter. Capital Investment Advisors LLC now owns 14,682 shares of the investment management company's stock valued at $77,000 after purchasing an additional 3,682 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Oxford Lane Capital by 16.5% during the third quarter. D.A. Davidson & CO. now owns 27,266 shares of the investment management company's stock valued at $143,000 after purchasing an additional 3,865 shares during the period. Sage Capital Advisors llc boosted its position in shares of Oxford Lane Capital by 6.3% during the 3rd quarter. Sage Capital Advisors llc now owns 85,082 shares of the investment management company's stock worth $446,000 after purchasing an additional 5,030 shares in the last quarter. Finally, Sigma Planning Corp grew its stake in shares of Oxford Lane Capital by 10.2% in the 3rd quarter. Sigma Planning Corp now owns 69,307 shares of the investment management company's stock valued at $363,000 after buying an additional 6,390 shares during the period. Institutional investors and hedge funds own 6.74% of the company's stock.

Oxford Lane Capital Stock Performance

Shares of NASDAQ:OXLC traded up $0.05 during midday trading on Wednesday, reaching $5.16. The company's stock had a trading volume of 4,259,577 shares, compared to its average volume of 5,093,380. Oxford Lane Capital has a fifty-two week low of $4.95 and a fifty-two week high of $5.78. The firm has a 50 day moving average price of $5.20 and a two-hundred day moving average price of $5.30. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 3.69 and a beta of 1.15.

Oxford Lane Capital Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 20th will be paid a $0.09 dividend. This represents a yield of 20.93%. The ex-dividend date is Friday, January 17th. Oxford Lane Capital's dividend payout ratio (DPR) is presently 73.57%.

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.