Short Interest in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) Decreases By 44.7%

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 106,173 shares, a decline of 44.7% from the August 15th total of 192,132 shares. Based on an average trading volume of 160,047 shares, the days-to-cover ratio is presently 0.7 days. Currently, 10.0% of the company’s stock are sold short.

Institutional Trading of Eason Technology

An institutional investor 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 1st 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 acquiring an additional 45,907 shares during the period. 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 currently owned by hedge funds and other institutional investors.

Eason Technology Trading Up 18.2%

DXF traded up $0.08 on Wednesday, reaching $0.53. The company’s stock had a trading volume of 2,375,233 shares, compared to its average volume of 553,639. Eason Technology has a 1 year low of $0.32 and a 1 year high of $6.49. The business’s 50 day moving average is $0.50 and its 200 day moving average is $0.66.

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.