ECC Capital Co. (OTCMKTS:ECRO) Sees Significant Decline in Short Interest

ECC Capital Co. (OTCMKTS:ECRO) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 1,600 shares, a decrease of 20.0% from the January 15th total of 2,000 shares. Based on an average daily volume of 106,200 shares, the short-interest ratio is presently 0.0 days.

ECC Capital Price Performance

Shares of ECRO stock traded down $0.01 during trading hours on Monday, reaching $0.07. The company had a trading volume of 5,800 shares, compared to its average volume of 50,537. The stock has a fifty day moving average of $0.07 and a 200-day moving average of $0.05. ECC Capital has a 12-month low of $0.00 and a 12-month high of $0.08.

ECC Capital Company Profile

ECC Capital Corporation, a real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issues securities collateralized by residential real estate mortgages. The company qualifies as a REIT for federal income tax purposes.