Eagle Point Credit Company Inc. (NYSE:ECCC) Sees Large Increase in Short Interest

Eagle Point Credit Company Inc. (NYSE:ECCCGet Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 3,300 shares, an increase of 3,200.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 8,600 shares, the days-to-cover ratio is presently 0.4 days.

Eagle Point Credit Price Performance

Shares of NYSE ECCC opened at $22.29 on Friday. Eagle Point Credit has a 12-month low of $20.24 and a 12-month high of $22.75. The company’s fifty day simple moving average is $22.03 and its 200 day simple moving average is $21.63.

Eagle Point Credit Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 13th will be paid a dividend of $0.1354 per share. The ex-dividend date of this dividend is Friday, May 10th.

Eagle Point Credit Company Profile

(Get Free Report)

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.

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