Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Short Interest Up 20.0% in January

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 55,114 shares, a growth of 20.0% from the December 31st total of 45,926 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 51,297 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 51,297 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the company’s stock are short sold.

Ellsworth Growth and Income Fund Price Performance

ECF stock traded down $0.11 during midday trading on Wednesday, hitting $12.22. 32,078 shares of the company’s stock were exchanged, compared to its average volume of 43,478. The firm has a 50 day moving average price of $11.99 and a 200-day moving average price of $11.64. Ellsworth Growth and Income Fund has a 12-month low of $8.15 and a 12-month high of $12.65.

Ellsworth Growth and Income Fund Company Profile

Ellsworth Growth and Income Fund (NYSEAMERICAN: ECF) is a closed-end management investment company that seeks to provide investors with a combination of capital appreciation and current income. The fund pursues its objectives by investing primarily in a diversified portfolio of common stocks of U.S. companies that pay dividends and exhibit long-term growth potential. To complement its equity holdings, the fund may also invest in preferred stocks, convertible securities and other income-oriented instruments.

ECF’s investment strategy emphasizes a disciplined, research-driven approach.