Eagle Point Credit Company Inc. (NYSE:ECCC) Short Interest Update

Eagle Point Credit Company Inc. (NYSE:ECCC) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a drop of 12.9% from the November 15th total of 3,100 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 0.7 days.

Eagle Point Credit Price Performance

Shares of ECCC traded down $0.26 during trading on Tuesday, reaching $23.10. 3,563 shares of the company traded hands, compared to its average volume of 5,831. Eagle Point Credit has a twelve month low of $21.30 and a twelve month high of $24.89. The stock has a 50-day simple moving average of $23.52 and a 200-day simple moving average of $22.97.

Eagle Point Credit Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 13th will be paid a $0.1354 dividend. The ex-dividend date of this dividend is Monday, January 13th.

Eagle Point Credit Company Profile

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.