Short Interest in ECN Capital Corp. (OTCMKTS:ECNCF) Declines By 5.8%

ECN Capital Corp. (OTCMKTS:ECNCF) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 3,983,900 shares, a decline of 5.8% from the August 15th total of 4,227,600 shares. Based on an average daily volume of 122,700 shares, the days-to-cover ratio is currently 32.5 days.

ECN Capital Stock Down 1.0 %

Shares of ECN Capital stock opened at $1.50 on Friday. The business’s fifty day simple moving average is $1.51 and its 200-day simple moving average is $1.44. ECN Capital has a 52 week low of $1.15 and a 52 week high of $2.29.

About ECN Capital

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.