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

Eagle Point Credit Company Inc. (NYSE:ECCC) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,200 shares, a growth of 90.9% from the January 15th total of 2,200 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is presently 1.2 days.

Eagle Point Credit Trading Up 0.0 %

ECCC traded up $0.01 during midday trading on Friday, reaching $23.05. 633 shares of the company’s stock traded hands, compared to its average volume of 3,134. The firm has a fifty day moving average of $23.03 and a two-hundred day moving average of $23.12. Eagle Point Credit has a 52 week low of $21.62 and a 52 week high of $24.89.

Eagle Point Credit Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a $0.1354 dividend. This represents a $1.63 annualized dividend and a dividend yield of 7.05%. The ex-dividend date is Tuesday, June 10th.

About Eagle Point Credit

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.