Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 4,100 shares, an increase 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
ECCC stock opened at $22.85 on Monday. The firm’s 50-day moving average is $23.43 and its two-hundred day moving average is $23.00. Eagle Point Credit has a 52 week low of $21.43 and a 52 week high of $24.89.
Eagle Point Credit Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be given a $0.1354 dividend. The ex-dividend date is Monday, January 13th.
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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