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

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 55,989 shares, a decline of 57.8% from the June 30th total of 132,572 shares. Currently, 5.3% of the company’s shares are sold short. Based on an average daily trading volume, of 22,989,909 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Eason Technology

A hedge fund recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC raised its holdings in shares of Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,924 shares of the company’s stock after buying an additional 45,907 shares during the period. SmartHarvest Portfolios LLC owned about 2.06% of Eason Technology worth $49,000 at the end of the most recent reporting period. Institutional investors own 0.88% of the company’s stock.

Eason Technology Stock Performance

DXF stock opened at $0.48 on Monday. Eason Technology has a twelve month low of $0.32 and a twelve month high of $6.71. The firm’s fifty day simple moving average is $0.63 and its two-hundred day simple moving average is $0.89.

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