Eastern International Ltd. (NASDAQ:ELOG) Short Interest Update

Eastern International Ltd. (NASDAQ:ELOG) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,181 shares, an increase of 73.0% from the August 15th total of 2,417 shares. Based on an average daily trading volume, of 3,535 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Eastern International from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Eastern International Trading Down 6.9%

Shares of NASDAQ:ELOG traded down $0.04 during trading on Thursday, hitting $0.53. The stock had a trading volume of 7,596 shares, compared to its average volume of 182,951. Eastern International has a 12-month low of $0.45 and a 12-month high of $3.07. The stock has a 50-day simple moving average of $0.78 and a two-hundred day simple moving average of $0.90.

Eastern International (NASDAQ:ELOG) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $9.22 million for the quarter.

Eastern International Company Profile

Eastern International Ltd. is a provider of domestic and cross-border professional logistic services including project logistic and general logistic. Eastern International Ltd. is based in Hangzhou, China.