Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,300 shares, an increase of 3,200.0% from the March 31st total of 100 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is presently 0.4 days.
Eagle Point Credit Trading Up 0.4 %
ECCC opened at $22.37 on Friday. The firm has a fifty day moving average price of $22.04 and a 200 day moving average price of $21.64. Eagle Point Credit has a 1 year low of $20.24 and a 1 year high of $22.75.
Eagle Point Credit Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 13th will be paid a $0.1354 dividend. The ex-dividend date is Friday, May 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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