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Oxford Lane Capital sees short interest fall, announces dividends amid hedge fund interest.
Oxford Lane Capital Corp. saw a significant drop in short interest in November, with shares shorted decreasing by 16.8% to 3.12 million.
Several hedge funds increased their stakes in the company during the third quarter.
The firm has also announced a monthly dividend of $0.09 per share, payable on March 31st.
Additionally, on October 24th, Oxford Lane Capital declared a dividend of $0.13 per share, to be paid on December 31st.
The company, managed by Oxford Lane Management LLC, primarily invests in fixed income securities, focusing on senior secured loans to non-investment-grade companies.
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Oxford Lane Capital ve la caída de intereses cortos, anuncia dividendos en medio de intereses de fondos de cobertura.