ECC Capital Co. (OTCMKTS:ECRO) Sees Significant Decline in Short Interest

ECC Capital Co. (OTCMKTS:ECRO) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,600 shares, a decline of 20.0% from the January 15th total of 2,000 shares. Based on an average daily volume of 106,200 shares, the days-to-cover ratio is presently 0.0 days.

ECC Capital Stock Performance

Shares of ECRO stock traded down $0.01 on Monday, hitting $0.07. The company had a trading volume of 5,800 shares, compared to its average volume of 50,537. The company has a 50-day moving average price of $0.07 and a 200-day moving average price of $0.05. ECC Capital has a twelve month low of $0.00 and a twelve month high of $0.08.

About ECC Capital

ECC Capital Corporation, a real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issues securities collateralized by residential real estate mortgages. The company qualifies as a REIT for federal income tax purposes.