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

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Eason Technology stock. SmartHarvest Portfolios LLC boosted its position in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXFFree Report) by 327.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,924 shares of the company’s stock after acquiring an additional 45,907 shares during the quarter. SmartHarvest Portfolios LLC owned 2.06% of Eason Technology worth $49,000 as of its most recent filing with the Securities and Exchange Commission. 0.88% of the stock is owned by institutional investors and hedge funds.

Eason Technology Trading Down 20.6%

Shares of DXF stock traded down $0.36 during trading hours on Friday, hitting $1.39. 2,465,674 shares of the company were exchanged, compared to its average volume of 12,319,363. Eason Technology has a 1 year low of $0.39 and a 1 year high of $7.75. The firm has a fifty day moving average of $0.80 and a 200 day moving average of $1.53.

Eason Technology (NYSEAMERICAN:DXFGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $0.28 million during the quarter.

Eason Technology Company Profile

(Get Free Report)

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.

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