Ellsworth Growth and Income Fund (ECF) Short Interest Ratio & Short Volume

Short interest is the volume of Ellsworth Growth and Income Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 10,200 shares of ECF short. Learn More on Ellsworth Growth and Income Fund's current short interest.

Ellsworth Growth and Income Fund saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 10,200 shares, an increase of 8.5% from the previous total of 9,400 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 "financial services" compare to Ellsworth Growth and Income Fund: Bancroft Fund Ltd. (0.08%), Bexil Investment Trust (0.04%), BNY Mellon High Yield Strategies Fund (0.13%), Western Asset Emerging Markets Debt Fund Inc. (0.15%), IX Acquisition Corp. (0.01%), Community Bancorp (0.00%), ExcelFin Acquisition Corp. (0.01%), StoneBridge Acquisition Co. (0.07%), FFD Financial Co. (0.00%), Liberty Resources Acquisition Corp. (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling ECF is an investing strategy that aims to generate trading profit from Ellsworth Growth and Income Fund as its price is falling. ECF shares are trading up $0.08 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 Ellsworth Growth and Income Fund 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 ECF, 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 ECF, twice per month. The most recent reporting period available is April, 15 2024.