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

Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 12,360,000 shares, an increase of 26.8% from the April 30th total of 9,750,000 shares. Based on an average daily trading volume, of 7,187,800 shares, the short-interest ratio is currently 1.7 days. Approximately 3.6% of the company's shares are sold short.

Institutional Trading of Oxford Lane Capital

Institutional investors have recently bought and sold shares of the company. Border to Coast Pensions Partnership Ltd increased its stake in shares of Oxford Lane Capital by 18.9% in the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 2,200,000 shares of the investment management company's stock worth $10,384,000 after purchasing an additional 350,000 shares in the last quarter. Wedbush Securities Inc. grew its position in shares of Oxford Lane Capital by 14.5% during the first quarter. Wedbush Securities Inc. now owns 1,364,214 shares of the investment management company's stock valued at $6,439,000 after purchasing an additional 172,386 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Oxford Lane Capital by 41.0% in the first quarter. LPL Financial LLC now owns 1,264,958 shares of the investment management company's stock worth $5,971,000 after purchasing an additional 367,613 shares during the last quarter. Realta Investment Advisors lifted its position in shares of Oxford Lane Capital by 21.4% in the first quarter. Realta Investment Advisors now owns 1,250,737 shares of the investment management company's stock worth $5,903,000 after buying an additional 220,505 shares in the last quarter. Finally, TrueMark Investments LLC boosted its stake in Oxford Lane Capital by 88.5% during the fourth quarter. TrueMark Investments LLC now owns 998,125 shares of the investment management company's stock valued at $5,060,000 after buying an additional 468,696 shares during the last quarter. 6.74% of the stock is owned by hedge funds and other institutional investors.

Oxford Lane Capital Trading Up 1.2%

Oxford Lane Capital stock traded up $0.06 during trading hours on Friday, hitting $4.51. 2,595,457 shares of the stock traded hands, compared to its average volume of 6,537,816. The company has a market cap of $1.56 billion, a PE ratio of 5.43 and a beta of 0.75. Oxford Lane Capital has a one year low of $3.91 and a one year high of $5.78. The firm's 50-day moving average price is $4.58 and its two-hundred day moving average price is $4.89.

Oxford Lane Capital Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were issued a $0.09 dividend. This represents a yield of 24.43%. The ex-dividend date was Wednesday, April 16th. Oxford Lane Capital's dividend payout ratio (DPR) is 130.12%.

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.