Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECFGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.92 and traded as high as $11.93. Ellsworth Growth and Income Fund shares last traded at $11.82, with a volume of 39,969 shares trading hands.

Ellsworth Growth and Income Fund Trading Up 1.4%

The business has a fifty day simple moving average of $11.92 and a 200 day simple moving average of $11.21.

Ellsworth Growth and Income Fund Company Profile

(Get Free Report)

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.

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