Eagle Point Credit Company Inc. (NYSE:ECCC) Short Interest Down 20.0% in February

Eagle Point Credit Company Inc. (NYSE:ECCC) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 4,400 shares, a decline of 20.0% from the February 13th total of 5,500 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 1.3 days.

Eagle Point Credit Stock Down 0.8 %

Shares of ECCC traded down $0.20 during midday trading on Wednesday, reaching $23.08. The stock had a trading volume of 7,430 shares, compared to its average volume of 5,162. Eagle Point Credit has a 52 week low of $21.62 and a 52 week high of $24.89. The firm’s 50 day moving average price is $23.05 and its 200-day moving average price is $23.22.

Eagle Point Credit Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be given a dividend of $0.1354 per share. The ex-dividend date is Thursday, April 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.