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

Eagle Point Credit Company Inc. (NYSE:ECCC) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 4,100 shares, a growth of 51.9% from the November 30th total of 2,700 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is presently 1.1 days.

Eagle Point Credit Stock Down 0.7 %

NYSE:ECCC traded down $0.15 on Friday, hitting $22.85. The stock had a trading volume of 2,627 shares, compared to its average volume of 5,774. Eagle Point Credit has a 52 week low of $21.43 and a 52 week high of $24.89. The business’s fifty day moving average is $23.43 and its 200 day moving average is $23.00.

Eagle Point Credit Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be paid a $0.1354 dividend. The ex-dividend date of this dividend is Monday, January 13th.

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.