Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Short Interest Down 17.1% in December

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 12,422 shares, a decline of 17.1% from the December 15th total of 14,982 shares. Based on an average daily volume of 3,133 shares, the short-interest ratio is presently 4.0 days. Based on an average daily volume of 3,133 shares, the short-interest ratio is presently 4.0 days.

Institutional Trading of Eagle Capital Growth Fund

A number of institutional investors have recently made changes to their positions in the business. Matisse Capital acquired a new stake in Eagle Capital Growth Fund in the 2nd quarter valued at $127,000. Sigma Investment Counselors Inc. grew its holdings in shares of Eagle Capital Growth Fund by 24.5% in the 2nd quarter. Sigma Investment Counselors Inc. now owns 16,591 shares of the company’s stock valued at $161,000 after acquiring an additional 3,264 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Eagle Capital Growth Fund by 10.9% in the second quarter. Osaic Holdings Inc. now owns 28,862 shares of the company’s stock valued at $281,000 after acquiring an additional 2,839 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in shares of Eagle Capital Growth Fund by 166.0% in the third quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock valued at $25,000 after acquiring an additional 1,511 shares during the last quarter.

Eagle Capital Growth Fund Trading Up 1.1%

NYSEAMERICAN:GRF opened at $10.82 on Wednesday. The stock has a 50-day simple moving average of $10.64 and a 200 day simple moving average of $10.52. Eagle Capital Growth Fund has a 52-week low of $8.86 and a 52-week high of $11.85.

About Eagle Capital Growth Fund

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.