ECA Marcellus Trust I (OTCMKTS:ECTM) Short Interest Update

ECA Marcellus Trust I (OTCMKTS:ECTM) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 10,500 shares, a growth of 600.0% from the September 15th total of 1,500 shares. Based on an average daily volume of 37,000 shares, the days-to-cover ratio is currently 0.3 days.

ECA Marcellus Trust I Stock Performance

Shares of OTCMKTS ECTM traded down $0.01 during trading on Friday, hitting $0.46. 5,962 shares of the company were exchanged, compared to its average volume of 22,573. The company has a fifty day moving average price of $0.47 and a 200-day moving average price of $0.48. The firm has a market capitalization of $8.11 million, a PE ratio of 7.68 and a beta of 0.60. ECA Marcellus Trust I has a 12-month low of $0.34 and a 12-month high of $0.75.

About ECA Marcellus Trust I

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 52 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells.