Short Interest in Eagle Point Credit Company Inc. (NYSE:ECCC) Grows By 51.9%

Eagle Point Credit Company Inc. (NYSE:ECCC) was the recipient of a large growth in short interest during the month of 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 currently 1.1 days.

Eagle Point Credit Stock Performance

NYSE:ECCC traded down $0.15 on Friday, reaching $22.85. 2,627 shares of the stock traded hands, compared to its average volume of 5,774. Eagle Point Credit has a 1-year low of $21.43 and a 1-year high of $24.89. The company’s 50 day moving average is $23.43 and its 200-day moving average is $23.00.

Eagle Point Credit Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 13th will be issued a $0.1354 dividend. The ex-dividend date 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.