Ellsworth Growth & Income Fund Ltd (ECF): Kinchen C Bizzell , director of Ellsworth Growth & Income Fund Ltd purchased 655 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.60 per share for a total value of $4,978.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, James P Conn (director) purchased 1,000 shares at $7.80 per share price.On Mar 3, 2016, James Andrew Dinsmore (director) sold 1 shares at $7.24 per share price.Also, On Dec 30, 2015, Nicolas W Platt (director) purchased 200 shares at $7.75 per share price.On Dec 11, 2015, Michael J Melarkey (director) purchased 2,600 shares at $7.69 per share price.
Ellsworth Growth and Income Fund Ltd (ECF) witnessed a volatile trading activity on Friday May 20, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $7.58 and reached the intraday high at $7.6. The bulls started the profit booking and pushed the shares to intraday low of $7.57. The trading session was marked by a volume range of 30,608 shares exchanging hands. The 52-week high of the shares is $9.288 and the 52-week low is $6.6142. The market cap of the company stands at $99,349 M and there are 13,12,40,00,000 shares in public circulation.
Ellsworth Growth and Income Fund Ltd. formerly Ellsworth Fund Ltd. operates as a closed-end diversified management investment company and invests in convertible and equity securities with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund invests in biotechnology; semiconductors and semiconductor equipment; software; real estate investment trusts; pharmaceuticals; oil gas and consumable fuels; food products; diversified telecommunications services; commercial banks and wireless telecommunication services. Dinsmore Capital Management Co. is the Funds investment adviser.