Eagle Point Credit Company Inc. (NYSE:ECCC) Sees Significant Growth in Short Interest

Eagle Point Credit Company Inc. (NYSE:ECCCGet Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 7,200 shares, a growth of 63.6% from the February 28th total of 4,400 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 1.9 days.

Eagle Point Credit Price Performance

Shares of NYSE:ECCC traded down $0.14 during midday trading on Friday, reaching $23.24. The company had a trading volume of 2,318 shares, compared to its average volume of 4,995. Eagle Point Credit has a 52-week low of $21.80 and a 52-week high of $24.89. The company’s 50 day moving average price is $23.09 and its 200 day moving average price is $23.23.

Eagle Point Credit Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be given a dividend of $0.1354 per share. The ex-dividend date is Thursday, April 10th.

Eagle Point Credit Company Profile

(Get Free Report)

Eagle Point Credit Company Inc is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S.

See Also

Receive News & Ratings for Eagle Point Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Point Credit and related companies with MarketBeat.com's FREE daily email newsletter.