Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Short Interest Up 8.5% in April

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 10,200 shares, a growth of 8.5% from the March 31st total of 9,400 shares. Based on an average daily trading volume, of 55,000 shares, the short-interest ratio is presently 0.2 days.

Ellsworth Growth and Income Fund Stock Down 0.7 %

Shares of NYSEAMERICAN ECF opened at $7.66 on Thursday. Ellsworth Growth and Income Fund has a 52 week low of $7.02 and a 52 week high of $8.91.

Institutional Investors Weigh In On Ellsworth Growth and Income Fund

A hedge fund recently raised its stake in Ellsworth Growth and Income Fund stock. Cambridge Investment Research Advisors Inc. lifted its position in Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,994 shares of the investment management company’s stock after purchasing an additional 1,399 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.22% of Ellsworth Growth and Income Fund worth $249,000 at the end of the most recent reporting period. 30.72% of the stock is currently owned by hedge funds and other institutional investors.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.