Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Short Interest Up 8.5% in April

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 10,200 shares, a growth of 8.5% from the March 31st total of 9,400 shares. Based on an average daily volume of 55,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Ellsworth Growth and Income Fund

A hedge fund recently raised its stake in Ellsworth Growth and Income Fund stock. Cambridge Investment Research Advisors Inc. lifted its position in shares of Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) by 4.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,994 shares of the investment management company’s stock after buying an additional 1,399 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.22% of Ellsworth Growth and Income Fund worth $249,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 30.72% of the company’s stock.

Ellsworth Growth and Income Fund Stock Performance

Shares of NYSEAMERICAN ECF opened at $7.66 on Thursday. Ellsworth Growth and Income Fund has a one year low of $7.02 and a one year high of $8.91.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.