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

Eagle Point Credit Company Inc. (NYSE:ECCCGet Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 97.6% from the December 15th total of 4,100 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is presently 0.0 days.

Eagle Point Credit Stock Down 0.5 %

NYSE:ECCC traded down $0.11 on Tuesday, hitting $22.84. The stock had a trading volume of 3,000 shares, compared to its average volume of 3,088. Eagle Point Credit has a 52 week low of $21.62 and a 52 week high of $24.89. The business’s fifty day moving average is $23.34 and its 200 day moving average is $23.05.

Eagle Point Credit Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 14th will be given a $0.1354 dividend. This represents a yield of 7.08%. The ex-dividend date is Monday, January 13th.

About Eagle Point Credit

(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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