Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) Short Interest Down 85.9% in May

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 224,829 shares, a decrease of 85.9% from the May 14th total of 1,592,978 shares. Currently, 21.2% of the company’s shares are short sold. Based on an average daily volume of 626,021 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Eason Technology

An institutional investor recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC raised its holdings in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 currently owned by institutional investors and hedge funds.

Eason Technology Trading Up 11.5%

Shares of NYSEAMERICAN DXF traded up $0.07 during mid-day trading on Wednesday, reaching $0.70. The company had a trading volume of 1,089,627 shares, compared to its average volume of 2,799,401. The business’s 50-day moving average is $0.73 and its 200-day moving average is $1.29. Eason Technology has a 52 week low of $0.39 and a 52 week high of $6.85.

Eason Technology (NYSEAMERICAN:DXF) last issued its earnings results on Thursday, April 30th. The company reported $0.42 earnings per share (EPS) for the quarter. The business 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.