Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Short Interest Update

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 248 shares, a decline of 87.0% from the February 26th total of 1,913 shares. Based on an average daily volume of 332 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 332 shares, the short-interest ratio is presently 0.7 days.

Eagle Capital Growth Fund Stock Performance

Shares of GRF stock remained flat at $10.25 on Tuesday. 5,820 shares of the stock were exchanged, compared to its average volume of 1,771. The stock’s 50 day moving average price is $10.74 and its 200-day moving average price is $10.67. Eagle Capital Growth Fund has a 12 month low of $8.86 and a 12 month high of $11.85.

Institutional Trading of Eagle Capital Growth Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. boosted its stake in shares of Eagle Capital Growth Fund by 10.9% during the 2nd quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock worth $281,000 after acquiring an additional 2,839 shares during the period. Mariner LLC raised its stake in Eagle Capital Growth Fund by 7.8% in the 4th quarter. Mariner LLC now owns 20,074 shares of the company’s stock valued at $215,000 after acquiring an additional 1,446 shares during the period. Basepoint Wealth LLC bought a new stake in Eagle Capital Growth Fund in the 4th quarter valued at $39,000. Blue Bell Private Wealth Management LLC lifted its holdings in Eagle Capital Growth Fund by 64.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 3,980 shares of the company’s stock valued at $43,000 after purchasing an additional 1,559 shares during the last quarter. Finally, Sigma Investment Counselors Inc. lifted its holdings in Eagle Capital Growth Fund by 31.0% during the 4th quarter. Sigma Investment Counselors Inc. now owns 21,727 shares of the company’s stock valued at $232,000 after purchasing an additional 5,136 shares during the last quarter.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund Inc (NYSE American: GRF) is a diversified, closed-end management investment company that seeks long-term capital growth by investing primarily in equity securities of U.S. and foreign issuers. Launched in December 2012, the fund follows a value-oriented investment approach, targeting companies with durable competitive advantages, solid cash flows and attractive valuation metrics.

Advised by Eagle Capital Management LLC, a Boston-based investment firm specializing in fundamental, bottom-up research, the fund’s portfolio includes publicly traded common stocks and, when appropriate, convertible securities.