Eca Marcellus Trust Iunits of Beneficial I (NYSE:ECT)’s Trend Unknown, Especially After Increased Shorts

Investors sentiment decreased to 0.57 in 2018 Q3. Its down 0.76, from 1.33 in 2018Q2. It fall, as 1 investors sold ECA Marcellus Trust I shares while 6 reduced holdings. 3 funds opened positions while 1 raised stakes. 373,606 shares or 21.39% less from 475,240 shares in 2018Q2 were reported.
Fmr Limited Liability Co holds 1 shares or 0% of its portfolio. 29,665 were reported by Amg Natl Trust Retail Bank. Reilly Finance Ltd Limited Liability Company invested 0% in ECA Marcellus Trust I (NYSE:ECT). Deutsche Bancorp Ag has invested 0% in ECA Marcellus Trust I (NYSE:ECT). Cutter And Co Brokerage reported 11,200 shares stake. California Pub Employees Retirement System holds 0% in ECA Marcellus Trust I (NYSE:ECT) or 49,300 shares. Royal Bancorporation Of Canada reported 9,675 shares. Telemus, a Michigan-based fund reported 10,000 shares. Creative Planning accumulated 0% or 10,125 shares. Wells Fargo And Company Mn holds 1,356 shares. Raymond James And Assocs has invested 0% in ECA Marcellus Trust I (NYSE:ECT). Huntington Commercial Bank holds 1 shares or 0% of its portfolio. Hightower Lc invested in 0% or 55,000 shares. Renaissance Technology Lc invested 0% in ECA Marcellus Trust I (NYSE:ECT). Amer Research And Management Company has invested 0% in ECA Marcellus Trust I (NYSE:ECT).

The stock of Eca Marcellus Trust Iunits of Beneficial I (NYSE:ECT) registered an increase of 50% in short interest. ECT’s total short interest was 22,500 shares in January as published by FINRA. Its up 50% from 15,000 shares, reported previously. With 72,500 shares average volume, it will take short sellers 0 days to cover their ECT’s short positions.

The stock increased 16.33% or $0.24 during the last trading session, reaching $1.71. About 45,411 shares traded or 13.03% up from the average. ECA Marcellus Trust I (NYSE:ECT) has declined 16.74% since January 7, 2018 and is downtrending. It has underperformed by 16.74% the S&P500.

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America . The company has market cap of $30.11 million. The firm owns royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation located in Greene County, Pennsylvania; and 52 horizontal natural gas development wells drilled to the Marcellus Shale formation covering approximately 9,300 acres held by ECA in Greene County, Pennsylvania. It has a 6.38 P/E ratio. The Company’s royalty interests in the producing wells allow the firm to receive 90% of the proceeds from the sale of production of natural gas attributable to ECAÂ’s interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECAÂ’s interest in the development wells.

More notable recent ECA Marcellus Trust I (NYSE:ECT) news were published by: Seekingalpha.com which released: “Dividends By The Numbers For May 2018 – Seeking Alpha” on June 05, 2018, also Seekingalpha.com with their article: “Are ECA Marcellus Trust Holders About To Get WHXed? – Seeking Alpha” published on March 19, 2013, Twst.com published: “VICI Properties Inc.: VICI Properties Inc. Completes Acquisition of Margaritaville Resort Casino and Lease to Penn National Gaming, Inc. – The Wall Street Transcript” on January 02, 2019. More interesting news about ECA Marcellus Trust I (NYSE:ECT) were released by: Twst.com and their article: “VICI Properties Inc.: VICI Properties Inc. Announces Date of 2019 Annual Meeting – The Wall Street Transcript” published on December 18, 2018 as well as Seekingalpha.com‘s news article titled: “Camping World: A Seemingly Perfect Investment – Seeking Alpha” with publication date: November 22, 2018.

ECA Marcellus Trust I (NYSE:ECT) Institutional Positions Chart

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