Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a decrease of 12.9% from the November 15th total of 3,100 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.7 days.
Eagle Point Credit Stock Down 0.6 %
NYSE ECCC traded down $0.14 during trading on Tuesday, hitting $23.36. The company had a trading volume of 3,626 shares, compared to its average volume of 5,841. The company’s fifty day moving average is $23.52 and its 200-day moving average is $22.97. Eagle Point Credit has a one year low of $21.30 and a one year high of $24.89.
Eagle Point Credit Announces Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 13th will be given a $0.1354 dividend. The ex-dividend date of this dividend is Monday, January 13th.
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.
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