Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Short Interest Down 98.0% in March

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 98.0% from the February 28th total of 5,000 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.0 days.

Eagle Capital Growth Fund Stock Performance

Shares of NYSEAMERICAN:GRF traded down $0.08 on Thursday, reaching $9.93. 2,811 shares of the company’s stock were exchanged, compared to its average volume of 4,527. Eagle Capital Growth Fund has a fifty-two week low of $8.85 and a fifty-two week high of $11.24. The business has a 50-day simple moving average of $9.81.

Hedge Funds Weigh In On Eagle Capital Growth Fund

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Mariner LLC raised its holdings in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 6.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,628 shares of the company’s stock after acquiring an additional 1,138 shares during the period. Mariner LLC’s holdings in Eagle Capital Growth Fund were worth $182,000 as of its most recent SEC filing.

About Eagle Capital Growth Fund

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.