Eagle Point Credit Company Inc. (NYSE:ECCC) Short Interest Up 63.6% in March

Eagle Point Credit Company Inc. (NYSE:ECCC) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 7,200 shares, a growth of 63.6% from the February 28th total of 4,400 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 1.9 days.

Eagle Point Credit Trading Down 0.4 %

Shares of ECCC traded down $0.10 during mid-day trading on Monday, reaching $23.25. The company’s stock had a trading volume of 119 shares, compared to its average volume of 4,976. Eagle Point Credit has a 52 week low of $21.80 and a 52 week high of $24.89. The company’s fifty day moving average price is $23.09 and its two-hundred day moving average price is $23.23.

Eagle Point Credit Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be given a dividend of $0.1354 per share. The ex-dividend date is Thursday, April 10th.

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.