Ellsworth Growth and Income Fund (NYSEAMERICAN:ECF) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Ellsworth Growth and Income Fund Ltd. (NYSEAMERICAN:ECF - Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $11.63 and traded as high as $12.20. Ellsworth Growth and Income Fund shares last traded at $12.20, with a volume of 29,923 shares