Short Interest in ECC Capital Co. (OTCMKTS:ECRO) Expands By 1,964.3%

ECC Capital Co. (OTCMKTS:ECRO) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 28,900 shares, an increase of 1,964.3% from the February 13th total of 1,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 229,500 shares, the days-to-cover ratio is presently 0.1 days.

ECC Capital Stock Down 11.8 %

Shares of ECRO stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.06. 184,453 shares of the company were exchanged, compared to its average volume of 110,896. The business’s 50 day simple moving average is $0.08 and its 200 day simple moving average is $0.06. ECC Capital has a fifty-two week low of $0.00 and a fifty-two week high of $0.10.

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.