Short Interest in Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) Declines By 53.6%

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,995 shares, a decline of 53.6% from the June 15th total of 8,601 shares. Based on an average trading volume of 25,690 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. K2 Principal Fund L.P. increased its holdings in shares of Ellsworth Growth and Income Fund by 3.5% in the fourth quarter. K2 Principal Fund L.P. now owns 24,619 shares of the investment management company’s stock valued at $286,000 after purchasing an additional 834 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Ellsworth Growth and Income Fund by 1.3% during the 3rd quarter. Raymond James Financial Inc. now owns 80,538 shares of the investment management company’s stock worth $934,000 after buying an additional 996 shares in the last quarter. Uhlmann Price Securities LLC boosted its position in Ellsworth Growth and Income Fund by 1.5% in the 1st quarter. Uhlmann Price Securities LLC now owns 68,718 shares of the investment management company’s stock valued at $766,000 after buying an additional 1,000 shares during the last quarter. Waverly Advisors LLC increased its stake in shares of Ellsworth Growth and Income Fund by 3.2% in the 1st quarter. Waverly Advisors LLC now owns 42,499 shares of the investment management company’s stock valued at $474,000 after buying an additional 1,300 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of Ellsworth Growth and Income Fund by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 145,155 shares of the investment management company’s stock valued at $1,488,000 after buying an additional 1,475 shares during the period. 35.88% of the stock is owned by institutional investors.

Ellsworth Growth and Income Fund Stock Up 0.5%

NYSEAMERICAN ECF traded up $0.07 during trading hours on Tuesday, reaching $12.74. 1,240 shares of the company’s stock were exchanged, compared to its average volume of 34,095. The firm has a fifty day moving average of $13.03 and a 200-day moving average of $12.29. Ellsworth Growth and Income Fund has a one year low of $10.33 and a one year high of $13.85.

Ellsworth Growth and Income Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Monday, June 15th.

Ellsworth Growth and Income Fund Company Profile

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.