Short Interest in ECA Marcellus Trust I (OTCMKTS:ECTM) Grows By 446.7%

ECA Marcellus Trust I (OTCMKTS:ECTM) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 8,200 shares, a growth of 446.7% from the August 15th total of 1,500 shares. Based on an average trading volume of 65,000 shares, the short-interest ratio is currently 0.1 days.

ECA Marcellus Trust I Price Performance

Shares of ECTM stock remained flat at $0.45 during trading hours on Friday. 5,719 shares of the company were exchanged, compared to its average volume of 25,896. ECA Marcellus Trust I has a 12-month low of $0.34 and a 12-month high of $0.80. The stock has a 50-day moving average price of $0.48 and a two-hundred day moving average price of $0.48. The stock has a market cap of $7.92 million, a price-to-earnings ratio of 7.50 and a beta of 0.60.

About ECA Marcellus Trust I

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 52 development wells located in the Greene County, Pennsylvania. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells.