Eagle Point Credit (ECC) Short Interest Ratio & Short Volume

Short interest is the volume of Eagle Point Credit shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 334,000 shares of ECC short. Learn More on Eagle Point Credit's current short interest.

Eagle Point Credit saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 334,000 shares, an increase of 22.3% from the previous total of 273,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "finance" compare to Eagle Point Credit: Carlyle Secured Lending, Inc. (1.09%), IRSA Inversiones y Representaciones Sociedad Anónima (0.18%), Brookline Bancorp, Inc. (1.59%), The First Bancshares, Inc. (1.41%), Community Trust Bancorp, Inc. (0.82%), Dynex Capital, Inc. (5.91%), BrightSpire Capital, Inc. (1.30%), Brandywine Realty Trust (8.09%), First Mid Bancshares, Inc. (0.86%), Amalgamated Financial Corp. (4.47%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling ECC is an investing strategy that aims to generate trading profit from Eagle Point Credit as its price is falling. ECC shares are trading up $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Eagle Point Credit occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ECC, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ECC, twice per month. The most recent reporting period available is April, 30 2024.