Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 3,300 shares, a growth of 3,200.0% from the March 31st total of 100 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is currently 0.4 days.
Eagle Point Credit Stock Performance
Shares of NYSE ECCC opened at $22.37 on Friday. The business has a 50-day moving average of $22.04 and a 200-day moving average of $21.64. Eagle Point Credit has a fifty-two week low of $20.24 and a fifty-two week high of $22.75.
Eagle Point Credit Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 13th will be issued a dividend of $0.1354 per share. The ex-dividend date of this dividend is Friday, May 10th.
About Eagle Point Credit
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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