ECC Capital Co. (OTCMKTS:ECRO) Short Interest Up 1,964.3% in February

ECC Capital Co. (OTCMKTS:ECRO) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 28,900 shares, an increase of 1,964.3% from the February 13th total of 1,400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 229,500 shares, the days-to-cover ratio is currently 0.1 days.

ECC Capital Price Performance

Shares of OTCMKTS:ECRO traded down $0.01 on Wednesday, reaching $0.06. 184,453 shares of the company traded hands, compared to its average volume of 110,896. The company’s 50 day moving average is $0.08 and its 200-day moving average is $0.06. ECC Capital has a fifty-two week low of $0.00 and a fifty-two week high of $0.10.

About ECC Capital

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.