Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) shares were down 0.2% during mid-day trading on Thursday . The company traded as low as $23.41 and last traded at $23.52. Approximately 2,113 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 6,387 shares. The stock had previously closed at $23.56.
Oxford Lane Capital Stock Performance
The firm’s 50 day simple moving average is $23.42 and its 200 day simple moving average is $23.22.
About Oxford Lane Capital
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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