ECC Capital Co. (OTCMKTS:ECRO) Short Interest Up 900.0% in December

ECC Capital Co. (OTCMKTS:ECRO) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,000 shares, a growth of 900.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 118,500 shares, the days-to-cover ratio is presently 0.0 days.

ECC Capital Stock Performance

OTCMKTS ECRO traded down $0.01 on Thursday, hitting $0.05. 158,000 shares of the company’s stock traded hands, compared to its average volume of 207,769. ECC Capital has a 1-year low of $0.00 and a 1-year high of $0.08. The firm’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.04.

About ECC Capital

ECC Capital Corporation, a real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issues securities collateralized by residential real estate mortgages. The company qualifies as a REIT for federal income tax purposes.