ECA Marcellus Trust I (OTCMKTS:ECTM) Short Interest Update

ECA Marcellus Trust I (OTCMKTS:ECTM) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,440 shares, a decrease of 12.2% from the December 31st total of 1,641 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 59,880 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 59,880 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ECA Marcellus Trust I Stock Performance

Shares of OTCMKTS ECTM opened at $0.62 on Tuesday. ECA Marcellus Trust I has a 1 year low of $0.41 and a 1 year high of $0.69. The company has a market capitalization of $10.92 million, a PE ratio of 5.64 and a beta of 0.25. The company’s fifty day moving average price is $0.55 and its 200 day moving average price is $0.56.

ECA Marcellus Trust I (OTCMKTS:ECTM) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.02 earnings per share (EPS) for the quarter.

About ECA Marcellus Trust I

ECA Marcellus Trust I is a statutory trust formed in September 2010 by Encana Corporation to hold and monetize natural gas interests in the Marcellus Shale region of the Appalachian Basin. The trust owns a net profits interest—sometimes referred to as a royalty interest—in a portfolio of nearly 80 wells located primarily in Pennsylvania and West Virginia. Revenues generated from the sale of natural gas and natural gas liquids from these properties, after the deduction of operating expenses, are passed through to trust unitholders.

As a passive investment vehicle, ECA Marcellus Trust I does not engage directly in exploration, drilling or day-to-day field operations.