Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Short Interest Down 26.0% in January

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 40,781 shares, a decline of 26.0% from the January 15th total of 55,114 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 39,437 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 39,437 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s shares are short sold.

Ellsworth Growth and Income Fund Stock Up 0.9%

NYSEAMERICAN ECF traded up $0.11 during trading on Monday, reaching $12.30. 40,087 shares of the stock traded hands, compared to its average volume of 37,436. Ellsworth Growth and Income Fund has a fifty-two week low of $8.15 and a fifty-two week high of $12.65. The stock’s 50-day moving average price is $12.06 and its 200 day moving average price is $11.74.

About Ellsworth Growth and Income Fund

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.