Short Interest in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Decreases By 20.0%

Posted by John Adams on Mar 5th, 2025

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF – Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 400 shares, a drop of 20.0% from the January 31st total of 500 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 0.1 days.

Insider Activity at Eagle Capital Growth Fund

In other news, CEO Luke E. Sims acquired 6,000 shares of Eagle Capital Growth Fund stock in a transaction on Wednesday, December 4th. The shares were acquired at an average price of $9.74 per share, with a total value of $58,440.00. Following the purchase, the chief executive officer now directly owns 283,285 shares in the company, valued at $2,759,195.90. The trade was a 2.16 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hedge Funds Weigh In On Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Wolverine Asset Management LLC lifted its stake in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF – Free Report) by 91.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,524 shares of the company’s stock after acquiring an additional 2,163 shares during the period. Wolverine Asset Management LLC’s holdings in Eagle Capital Growth Fund were worth $45,000 at the end of the most recent quarter.

Eagle Capital Growth Fund Stock Performance

Shares of Eagle Capital Growth Fund stock traded up $0.25 on Tuesday, reaching $10.23. The company had a trading volume of 18,223 shares, compared to its average volume of 3,604. The firm’s 50-day simple moving average is $9.83. Eagle Capital Growth Fund has a 1 year low of $8.85 and a 1 year high of $11.24.

Eagle Capital Growth Fund Company Profile

(Get Free Report)

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.