Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) Sees Large Increase in Short Interest

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

Institutional Trading of Eason Technology

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

Eason Technology Stock Up 130.2%

Shares of DXF traded up $0.99 during mid-day trading on Thursday, hitting $1.75. 95,873,520 shares of the stock were exchanged, compared to its average volume of 7,493,631. Eason Technology has a 52-week low of $0.39 and a 52-week high of $7.75. The firm has a 50-day moving average of $0.79 and a two-hundred day moving average of $1.54.

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