Short Interest in Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Rises By 20.0%

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 55,114 shares, an increase of 20.0% from the December 31st total of 45,926 shares. Based on an average daily volume of 51,297 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 51,297 shares, the short-interest ratio is presently 1.1 days.

Ellsworth Growth and Income Fund Price Performance

Shares of Ellsworth Growth and Income Fund stock traded down $0.10 during midday trading on Tuesday, hitting $12.33. 29,009 shares of the company were exchanged, compared to its average volume of 41,547. The firm has a 50 day simple moving average of $11.99 and a 200-day simple moving average of $11.64. Ellsworth Growth and Income Fund has a 52 week low of $8.15 and a 52 week high of $12.65.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.