Eagle Point Credit Company Inc. (NYSE:ECCC – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,300 shares, an increase 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 Trading Up 0.2 %
Shares of Eagle Point Credit stock opened at $22.29 on Friday. Eagle Point Credit has a 1 year low of $20.24 and a 1 year high of $22.75. The company has a 50 day simple moving average of $22.03 and a two-hundred day simple moving average of $21.63.
Eagle Point Credit Announces Dividend
The business also recently announced a dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 13th will be given 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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