ECA Marcellus Trust I (OTCMKTS:ECTM) Short Interest Update

ECA Marcellus Trust I (OTCMKTS:ECTM) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,800 shares, adecreaseof33.3% from the July 15th total of 4,200 shares. Based on an average trading volume of 32,000 shares, the short-interest ratio is currently 0.1 days. Currently,0.0% of the company’s stock are sold short. Currently,0.0% of the company’s stock are sold short. Based on an average trading volume of 32,000 shares, the short-interest ratio is currently 0.1 days.

ECA Marcellus Trust I Stock Performance

Shares of OTCMKTS:ECTM opened at $0.5398 on Thursday. ECA Marcellus Trust I has a 52-week low of $0.3650 and a 52-week high of $0.69. The firm has a market capitalization of $9.50 million, a P/E ratio of 5.40 and a beta of 0.05. The stock has a 50 day moving average price of $0.61 and a 200-day moving average price of $0.54.

ECA Marcellus Trust I (OTCMKTS:ECTM) last announced its earnings results on Thursday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $0.88 million during the quarter.

ECA Marcellus Trust I Company Profile

ECA Marcellus Trust I owns royalty interests in producing wells and horizontal natural gas development wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 40 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA’s interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA’s interest in the development wells.