Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) shot up 0.3% during trading on Thursday . The stock traded as high as $23.61 and last traded at $23.60. 8,142 shares traded hands during trading, an increase of 30% from the average session volume of 6,240 shares. The stock had previously closed at $23.52.
Oxford Lane Capital Stock Performance
The company’s 50-day moving average is $23.54 and its 200 day moving average is $23.40.
Oxford Lane Capital Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be paid a $0.1302 dividend. The ex-dividend date of this dividend is Wednesday, July 17th.
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.
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