Short Interest in Eagle Point Credit Company Inc. (NYSE:ECCC) Rises By 51.9%

Posted by Adam Masters on Dec 30th, 2024

Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 4,100 shares, a growth of 51.9% from the November 30th total of 2,700 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is currently 1.1 days.

Eagle Point Credit Stock Performance

NYSE:ECCC opened at $22.85 on Monday. The company has a 50-day moving average of $23.43 and a 200-day moving average of $23.00. Eagle Point Credit has a twelve month low of $21.43 and a twelve month high of $24.89.

Eagle Point Credit Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be given a $0.1354 dividend. The ex-dividend date of this dividend is Monday, January 13th.

Eagle Point Credit Company Profile

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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.