Steven Kenneth Hudson, CEO and Director, disposed of 71,379 Common Shares on a direct ownership basis at a price of $4.922 on August 18th, 2020. The insider also disposed of 500,000 Common Shares on an indirect ownership basis for registered holder Gundyco ITF CMN Capital ULC at prices ranging from $5.029 to $5.550 between August 13th, 2020 and August 18th, 2020. This represents a $2,987,021 divestment of the company's shares and an account share holdings change of -82.1%.
ECN Capital is in the Corporate Financial Services Sub Industry Group under the Financials Sector.
ECN Capital Corp is a Canada-based finance company. The Company is focused on providing asset solutions for the financial industry. It originates, services, structures and manages financial products and provides advisory services for financial institutions. The Company is operating through three market businesses, such as Service Finance, Triad Financial Services and The Kessler Group. Its Service Finance, which provides home improvement loans. Triad Financial Services is for manufactured home loans. The Kessler Group, which offers consumer credit card portfolios. The Company is offering unsecured and secured consumer loan and credit card portfolios. ECN Capital Corp. (ECN) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $2,987,021.
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