Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 4,400 shares, a decline of 20.0% from the February 13th total of 5,500 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is currently 1.3 days.
Eagle Point Credit Price Performance
Eagle Point Credit stock opened at $23.25 on Monday. The stock’s 50 day moving average price is $23.04 and its 200 day moving average price is $23.21. Eagle Point Credit has a one year low of $21.62 and a one year high of $24.89.
Eagle Point Credit Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.1354 per share. The ex-dividend date is Thursday, April 10th.
About Eagle Point Credit
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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