Short Interest in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Rises By 1,150.0%

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 5,000 shares, a growth of 1,150.0% from the February 13th total of 400 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Wolverine Asset Management LLC increased its position in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 91.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,524 shares of the company’s stock after purchasing an additional 2,163 shares during the quarter. 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 Up 3.1 %

Shares of Eagle Capital Growth Fund stock opened at $9.90 on Thursday. The firm has a fifty day moving average of $9.81. Eagle Capital Growth Fund has a fifty-two week low of $8.85 and a fifty-two week high of $11.24.

About Eagle Capital Growth Fund

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.