Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) Short Interest Down 62.5% in October

Posted by Logan Wallace on Nov 15th, 2024

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 900 shares, a decrease of 62.5% from the October 15th total of 2,400 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 0.2 days.

Eagle Capital Growth Fund Trading Up 0.2 %

GRF stock opened at $10.16 on Friday. Eagle Capital Growth Fund has a one year low of $7.93 and a one year high of $10.26.

Insider Transactions at Eagle Capital Growth Fund

In other Eagle Capital Growth Fund news, CFO David C. Sims acquired 4,069 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was bought at an average cost of $9.75 per share, with a total value of $39,672.75. Following the completion of the purchase, the chief financial officer now directly owns 191,673 shares in the company, valued at $1,868,811.75. The trade was a 2.17 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders have purchased 7,615 shares of company stock worth $73,705.

Hedge Funds Weigh In On Eagle Capital Growth Fund

An institutional investor recently raised its position in Eagle Capital Growth Fund stock. Sigma Investment Counselors Inc. grew its stake in shares of Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF – Free Report) by 10.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,776 shares of the company’s stock after acquiring an additional 1,500 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Eagle Capital Growth Fund were worth $146,000 as of its most recent SEC filing.

Eagle Capital Growth Fund Company Profile

(Get Free Report)

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.