Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Sees Large Growth in Short Interest

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 500 shares, an increase of 400.0% from the January 15th total of 100 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 0.1 days.

Eagle Capital Growth Fund Stock Up 0.9 %

NYSEAMERICAN:GRF opened at $9.94 on Thursday. Eagle Capital Growth Fund has a 52 week low of $8.85 and a 52 week high of $11.24.

Eagle Capital Growth Fund Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a $0.68 dividend. This represents a yield of 0.7%. The ex-dividend date of this dividend was Friday, November 29th.

Insider Buying and Selling

In other news, CEO Luke E. Sims acquired 6,000 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was bought at an average price of $9.74 per share, with a total value of $58,440.00. Following the completion of the acquisition, the chief executive officer now owns 283,285 shares of the company’s stock, valued at approximately $2,759,195.90. This represents a 2.16 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Trading of Eagle Capital Growth Fund

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Wolverine Asset Management LLC grew its holdings in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 91.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,524 shares of the company’s stock after buying an additional 2,163 shares during the period. Wolverine Asset Management LLC’s holdings in Eagle Capital Growth Fund were worth $45,000 as of its most recent filing with the Securities & Exchange Commission.

About Eagle Capital Growth Fund

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.