Eagle Point Credit Company Inc. (NYSE:ECCC) Short Interest Update

Eagle Point Credit Company Inc. (NYSE:ECCC) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 8,000 shares, a growth of 37.9% from the September 15th total of 5,800 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 2.0 days.

Eagle Point Credit Price Performance

ECCC stock opened at $23.46 on Tuesday. The stock’s fifty day simple moving average is $22.98 and its two-hundred day simple moving average is $22.54. Eagle Point Credit has a 1-year low of $20.24 and a 1-year high of $23.78.

Eagle Point Credit Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Tuesday, November 12th will be given a dividend of $0.1354 per share. The ex-dividend date is Tuesday, November 12th.

Eagle Point Credit Company Profile

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.