ECC Capital Corp. (OTCMKTS:ECRO) Short Interest Up 14,000.0% in September

ECC Capital Corp. (OTCMKTS:ECRO) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 14,100 shares, an increase of 14,000.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.7 days.

ECC Capital Stock Performance

Shares of OTCMKTS:ECRO opened at $0.08 on Thursday. The firm has a fifty day moving average price of $0.08 and a 200 day moving average price of $0.07. ECC Capital has a fifty-two week low of $0.04 and a fifty-two week high of $0.10.

About ECC Capital

ECC Capital Corporation, a real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issues securities collateralized by residential real estate mortgages. The company qualifies as a REIT for federal income tax purposes.