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

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the recipient of a large increase in short interest in 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. Currently, 150.0% of the company’s shares are short sold. Based on an average trading volume of 21,233,468 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC increased its position in shares of Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% during the first quarter, according to its most recent filing with the Securities & 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 about 2.06% of Eason Technology worth $49,000 as of its most recent SEC filing. 0.88% of the stock is owned by institutional investors.

Eason Technology Stock Down 12.6%

DXF stock opened at $0.69 on Friday. The business’s 50-day moving average is $0.76 and its two-hundred day moving average is $1.40. Eason Technology has a 1 year low of $0.39 and a 1 year high of $7.20.

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