Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Short Interest Update

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 248 shares, a decrease of 87.0% from the February 26th total of 1,913 shares. Based on an average trading volume of 332 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 332 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Eagle Capital Growth Fund

Hedge funds have recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC boosted its stake in Eagle Capital Growth Fund by 166.0% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 2,421 shares of the company’s stock valued at $25,000 after purchasing an additional 1,511 shares during the period. Basepoint Wealth LLC bought a new position in Eagle Capital Growth Fund during the 4th quarter worth $39,000. Matisse Capital increased its position in Eagle Capital Growth Fund by 26.5% during the 3rd quarter. Matisse Capital now owns 16,262 shares of the company’s stock worth $171,000 after buying an additional 3,402 shares during the period. Mariner LLC lifted its holdings in shares of Eagle Capital Growth Fund by 7.8% during the fourth quarter. Mariner LLC now owns 20,074 shares of the company’s stock worth $215,000 after buying an additional 1,446 shares in the last quarter. Finally, Sigma Investment Counselors Inc. lifted its holdings in shares of Eagle Capital Growth Fund by 31.0% during the fourth quarter. Sigma Investment Counselors Inc. now owns 21,727 shares of the company’s stock worth $232,000 after buying an additional 5,136 shares in the last quarter.

Eagle Capital Growth Fund Price Performance

Shares of NYSEAMERICAN:GRF remained flat at $10.25 during trading on Tuesday. The stock had a trading volume of 5,820 shares, compared to its average volume of 1,771. Eagle Capital Growth Fund has a 12 month low of $8.86 and a 12 month high of $11.85. The company’s 50 day moving average is $10.74 and its 200-day moving average is $10.67.

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.