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

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 253,530 shares, an increase of 352.8% from the July 15th total of 55,989 shares. Based on an average daily volume of 2,336,248 shares, the short-interest ratio is presently 0.1 days. Approximately 23.9% of the company’s stock are sold short.

Eason Technology Price Performance

Shares of DXF stock traded down $0.02 on Thursday, reaching $0.53. 400,095 shares of the company were exchanged, compared to its average volume of 4,044,577. The company has a 50-day moving average of $0.54 and a 200-day moving average of $0.77. Eason Technology has a one year low of $0.32 and a one year high of $6.71.

Institutional Investors Weigh In On Eason Technology

A hedge fund recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC lifted its position in shares of Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,924 shares of the company’s stock after purchasing an additional 45,907 shares during the quarter. SmartHarvest Portfolios LLC owned 2.06% of Eason Technology worth $49,000 at the end of the most recent reporting period. 0.88% of the stock is owned by institutional investors.

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.