Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the target of a large growth in short interest in 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 currently 1.9 days.
Eagle Point Credit Stock Down 0.6 %
NYSE ECCC traded down $0.14 during trading hours on Friday, hitting $23.24. The company had a trading volume of 2,318 shares, compared to its average volume of 4,995. The firm has a 50 day simple moving average of $23.09 and a 200 day simple moving average of $23.23. Eagle Point Credit has a 52 week low of $21.80 and a 52 week high of $24.89.
Eagle Point Credit Announces Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 10th will be paid a dividend of $0.1354 per share. The ex-dividend date is Thursday, April 10th.
Eagle Point Credit Company Profile
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.
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