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Fri Sep 20 07:38:59 UTC 2024: ## Short Interest in ECN Capital Corp. (OTCMKTS:ECNCF) Drops in August
**[City, State] – September 20, 2024** – ECN Capital Corp. (OTCMKTS:ECNCF) saw a notable decrease in short interest during August, according to MarketBeat News. As of August 31st, 3,983,900 shares were shorted, representing a 5.8% decline from the August 15th total of 4,227,600 shares.
This decrease in short interest suggests a potential shift in investor sentiment towards ECN Capital. The “days-to-cover” ratio, which measures how long it would take to cover all short positions based on current trading volume, currently stands at 32.5 days.
ECN Capital Corp. opened trading at $1.50 on Friday. The company’s 50-day moving average is $1.51, while its 200-day moving average sits at $1.44. ECN Capital’s stock has traded within a 12-month range of $1.15 to $2.29.
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