Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Shares Cross Above 50-Day Moving Average - Time to Sell?

Key Points

• Ellsworth Growth and Income Fund shares recently crossed above their 50-day moving average, indicating potential investor interest.
• The stock traded at a high of $11.84, surpassing its 50-day moving average of $10.89.
• This fund primarily invests in convertible securities across various market capitalizations and is managed by Gabelli Funds, LLC.

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF - ) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.89 and traded as high as $11.84. Ellsworth Growth and Income Fund shares last traded at $11.84, with a volume of 30,249 shares trading hands.

Ellsworth Growth and Income Fund Price Performance

The stock's 50 day simple moving average is $10.89 and its two-hundred day simple moving average is $9.98.

About Ellsworth Growth and Income Fund

Ellsworth Growth and Income Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets. The fund primarily invests in convertible securities. It invests in stocks of companies across market capitalizations.

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