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

Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 106,173 shares, a decrease 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 currently 0.7 days. Approximately 10.0% of the shares of the stock are short sold.

Eason Technology Price Performance

Shares of NYSEAMERICAN:DXF traded down $0.00 during trading on Tuesday, reaching $0.44. 203,512 shares of the company’s stock traded hands, compared to its average volume of 3,554,503. Eason Technology has a fifty-two week low of $0.32 and a fifty-two week high of $6.49. The company has a 50-day simple moving average of $0.51 and a 200-day simple moving average of $0.67.

Institutional Trading of Eason Technology

A hedge fund recently raised its position in Eason Technology stock. SmartHarvest Portfolios LLC grew its holdings in Eason Technology Limited – Sponsored ADR (NYSEAMERICAN:DXF) by 327.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,924 shares of the company’s stock after buying 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 SEC filing. Institutional investors and hedge funds own 0.88% of the company’s stock.

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.