Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) Short Interest Update

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 163,301 shares, an increase of 219.2% from the April 15th total of 51,156 shares. Based on an average daily trading volume, of 1,405,510 shares, the days-to-cover ratio is currently 0.1 days. Currently, 15.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Eason Technology

A hedge fund recently raised its stake in Eason Technology stock. SmartHarvest Portfolios LLC boosted its stake in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,924 shares of the company’s stock after purchasing an additional 45,907 shares during the quarter. SmartHarvest Portfolios LLC owned about 2.06% of Eason Technology worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.88% of the stock is owned by institutional investors.

Eason Technology Trading Down 20.6%

Shares of Eason Technology stock traded down $0.36 on Friday, reaching $1.39. The stock had a trading volume of 2,465,674 shares, compared to its average volume of 12,319,363. Eason Technology has a 1 year low of $0.39 and a 1 year high of $7.75. The business’s 50 day moving average is $0.80 and its two-hundred day moving average is $1.53.

Eason Technology (NYSEAMERICAN:DXF) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.42 earnings per share (EPS) for the quarter. The firm had revenue of $0.28 million during the quarter.

About Eason Technology

Dunxin Financial Holdings Limited, together with its subsidiaries, engages in the microfinance lending business in the People's Republic of China. It offers consumer, commercial, collateral-backed, and enterprise loans to micro sized enterprises, SMEs, sole proprietors, and individuals. The company is headquartered in Wuhan, China.