Exchange: NASDAQ·Updated 07:59 PM EDT
OXLC logo

OXLC Oxford Lane Capital Corp

$7.54
$0.37
(4.68%)
Today
Closed $7.54
$0.04
(0.53%)
After Hours
Mkt Cap$739.15M
Vol2.27M

About OXLC

Oxford Lane Capital Corp. is a closed-end management investment company, which engages in investing in debt and equity tranches of collateralized loan obligation vehicles. The company was founded on June 9, 2010 and is headquartered in Greenwich, CT.
42

Bearish Sentiment

How do you feel about OXLC?

goofyfoot
$OXLC The bond market is closed on Monday, so maybe we won’t go down, for one day, at least. $IVR $ORC $PDI
8
BACKWOODS
$OXLC Oh boy... I am glad I got out. I still took a huge loss, but would have been far worse had I stayed in.
6
Investor77777
$OXLC I thought capitulation happened early this year when it crashed hard from a level nearly double what it is today? So now, $8 is the new $10, a level difficult to reclaim and sustain even as the NAV is holding $10.00 at the moment? Will the company need to reverse split again just 12 months after the previous one? $9.00 looks like a distant memory at this point, just as $10.00 did just one month ago.
3
TheBando
$OXLC after a thorough analysis of the earnings coming up soon I decided there will be some tight compression in the bid and ask and earnings will be a few pennies lower than last time but plenty to cover the dividend. I still believe they'll declare all the way till April the same dividend. However, with that said I don't really trust these guys. This stock is a wild animal and I did sell some pre x . Just enough actually to add to my oil position and omah.
1
1
brewstocks123
$OXLC I am back! Got in cheaper prices. Will add every two weeks and got the DRIP turned on.
1
2
copperhat
$OXLC I think I will reduce my dump price to 9. This POS keeps disappointing even after the div cut
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Keith1950
$OXLC How strange! All of my biggest losers have the letter "O" in the ticker symbol...🤔. $GOF being the other one of course. The next biggest loser is $PDI but $GGT and $CLM and CRF and IGR and GUT have all done very well so far.
5
buynho1d
$OXLC If you buy this on a pull back do not. All it does is dip. I bet they raise capital soon.
1
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TheBando
$OXLC still have three dividends to go. Solid dividend will go at least till next April. Incredible opportunity here
1
TheBando
$OXLC greatest investment ever. I get so much money every month who cares if it goes down who cares if it's splits I just buy more and a near 30% dividend the stock price can do whatever it wants
1
Investor77777
$OXLC And to think there is a juvenile clown masquerading as an investor on this message board who insisted to everyone in early September that OXLC would trade at $10 per share last month (it hasn't approached $10 since early June and is down $1.00 per share since his inaccurate prognostication). The question now for any serious investor is this: will OXLC trade at $9 again this year? The NAV is $10.29, so $8.68 is a 16% discount. The obstacles standing the way of seeing $9.00 again are three-fold: the NAV keeps dropping based on deteriorating conditions in the CLO market, the discount to NAV is nowhere near its 52-week low of 28.53%, and 3 more ex-dividend dates remain. So, it wouldn't take much at all to send OXLC shares down below $8.00 in the next three months whereas the climb back above $9.00 again with another ex-dividend date approaching is VERY steep indeed. As I mentioned here several times last month, $10.00 again for OXLC this year is a fantasy detached from reality.
3
goofyfoot
$OXLC Maybe I’m getting some false hope, but yesterday and today have been good for CEFs like the Ox, $PDI, $ECC, and $GOF. Have CEFs found a bottom?
3
midnight12
$OXLC for all the complainers out their....S&P up 13%+ YTD, Dow up 7.5%+ YTD & NASDAQ up 16%+....yes oxlc has been a dog but there are plenty of options doing well obviously
3
Wvl60
$OXLC Just checking in on my old girl the OX, miss her good old days. Glad I tossed her long ago now, still miss the good old days.
2
Investor77777
$OXLC Wow, if this doesn't move up even a penny from here ($8.19), OXLC will be trading with a $7.XX handle on Friday. Of course, still insists this will be $10.00 in September. It will be at least six months before OXLC trades at $10.00 again.
2
UhtOh
$OXLC Looks like a Stop Loss raid. Not a great fan of the stock but hey now I can bitch about it again.
2
Dav89
$OXLC BRO TAKE THE LOSS AND MOVE ON, DON'T STRING YOURSELF ALONG ON THIS PATHETIC TURD! SMELL IT?
2
goofyfoot
$OXLC Sooo, are CEFs like this gonna roam around this price range for another six to eight months, until some sort of stimulus hits? $OCCI $ORC $PDI
2
midnight12
$OXLC okay Q3 update on my option income producing account - up 4.1% from Q2-Q3 and up 13.5% YTD so not bad....was better at the end of last week vs the 30th...lol
2
copperhat
$OXLC any particular reason for today's half div+ drop? And I thought exiting at $10 would be easy
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