Short Interest in Eagle Point Credit Company Inc. (NYSE:ECCC) Drops By 12.9%

Eagle Point Credit Company Inc. (NYSE:ECCCGet Free Report) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a decline of 12.9% from the November 15th total of 3,100 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is presently 0.7 days.

Eagle Point Credit Stock Performance

Shares of NYSE ECCC opened at $23.50 on Friday. Eagle Point Credit has a 1 year low of $21.21 and a 1 year high of $24.89. The company has a 50 day simple moving average of $23.51 and a 200-day simple moving average of $22.96.

Eagle Point Credit Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 13th will be issued a $0.1354 dividend. The ex-dividend date of this dividend is Monday, January 13th.

About Eagle Point Credit

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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.

Further Reading

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