Eagle Point Credit (ECC) Short Interest Ratio & Short Volume

Short interest is the volume of Eagle Point Credit shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 273,200 shares of ECC short. Learn More on Eagle Point Credit's current short interest.

Eagle Point Credit saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 273,200 shares, an increase of 15.6% from the previous total of 236,400 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 "finance" compare to Eagle Point Credit: Carlyle Secured Lending, Inc. (0.86%), Redwood Trust, Inc. (5.77%), Community Trust Bancorp, Inc. (0.71%), Abacus Life, Inc. (17.40%), Amerant Bancorp Inc. (1.34%), Abrdn Healthcare Investors (0.05%), loanDepot, Inc. (2.42%), First Mid Bancshares, Inc. (0.81%), The First Bancshares, Inc. (1.22%), Dime Community Bancshares, Inc. (4.96%),

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 ECC is an investing strategy that aims to generate trading profit from Eagle Point Credit as its price is falling. ECC shares are trading up $0.05 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 Eagle Point Credit occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ECC, 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 ECC, twice per month. The most recent reporting period available is April, 15 2024.