Shares of Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.84 and traded as low as $11.45. Ellsworth Growth and Income Fund shares last traded at $11.60, with a volume of 43,807 shares trading hands.
Ellsworth Growth and Income Fund Stock Down 2.2%
The firm’s 50 day simple moving average is $12.11 and its two-hundred day simple moving average is $11.84.
Ellsworth Growth and Income Fund Company Profile
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.
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