ECN Capital Corp. (OTCMKTS:ECNCF) Sees Significant Decline in Short Interest

ECN Capital Corp. (OTCMKTS:ECNCFGet Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 4,039,500 shares, a decline of 13.5% from the December 15th total of 4,670,700 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is currently 684.7 days.

ECN Capital Stock Down 0.9 %

Shares of ECN Capital stock traded down $0.02 on Friday, reaching $2.20. 2,100 shares of the company traded hands, compared to its average volume of 1,960. The company has a 50 day moving average of $2.12 and a 200 day moving average of $1.73. ECN Capital has a 52 week low of $1.15 and a 52 week high of $2.28.

About ECN Capital

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ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.

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