Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Sees Large Drop in Short Interest

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 40,781 shares, a drop of 26.0% from the January 15th total of 55,114 shares. Based on an average daily volume of 39,437 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 39,437 shares, the short-interest ratio is presently 1.0 days.

Ellsworth Growth and Income Fund Trading Up 0.9%

Shares of ECF stock opened at $12.30 on Friday. Ellsworth Growth and Income Fund has a 52-week low of $8.15 and a 52-week high of $12.65. The business’s fifty day moving average is $12.06 and its 200 day moving average is $11.71.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.