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

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,592,978 shares, an increase of 875.5% from the April 30th total of 163,301 shares. Based on an average trading volume of 21,233,468 shares, the days-to-cover ratio is currently 0.1 days. Approximately 150.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Eason Technology

An institutional investor recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC increased its stake in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,924 shares of the company’s stock after buying an additional 45,907 shares during the quarter. SmartHarvest Portfolios LLC owned approximately 2.06% of Eason Technology worth $49,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.88% of the company’s stock.

Eason Technology Trading Down 12.6%

NYSEAMERICAN:DXF traded down $0.10 during trading hours on Friday, reaching $0.69. 276,797 shares of the stock were exchanged, compared to its average volume of 11,946,083. Eason Technology has a twelve month low of $0.39 and a twelve month high of $7.20. The firm has a 50 day moving average of $0.76 and a 200 day moving average of $1.40.

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

Eason Technology Company Profile

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.