Short Interest in Eagle Point Credit Company Inc. (NYSE:ECCC) Decreases By 20.0%

Eagle Point Credit Company Inc. (NYSE:ECCC) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 4,400 shares, a decrease of 20.0% from the February 13th total of 5,500 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is currently 1.3 days.

Eagle Point Credit Trading Down 0.5 %

Shares of NYSE:ECCC traded down $0.11 during trading hours on Tuesday, hitting $23.19. The company’s stock had a trading volume of 2,119 shares, compared to its average volume of 5,163. The firm’s fifty day moving average price is $23.05 and its 200 day moving average price is $23.21. Eagle Point Credit has a 52 week low of $21.62 and a 52 week high of $24.89.

Eagle Point Credit Dividend Announcement

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

About Eagle Point Credit

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.