Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Sees Large Growth in Short Interest

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 13,400 shares, an increase of 123.3% from the September 30th total of 6,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 39,100 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 39,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Ellsworth Growth and Income Fund Stock Performance

Shares of ECF opened at $12.31 on Friday. The business has a 50-day simple moving average of $11.67 and a two-hundred day simple moving average of $10.55. Ellsworth Growth and Income Fund has a 52 week low of $8.15 and a 52 week high of $12.59.

Ellsworth Growth and Income Fund Company Profile

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.