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

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

Wall Street Analysts Forecast Growth

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

Eastern International Stock Down 4.1%

Shares of Eastern International stock traded down $0.02 during trading on Wednesday, reaching $0.57. 16,916 shares of the company were exchanged, compared to its average volume of 183,953. Eastern International has a twelve month low of $0.45 and a twelve month high of $3.07. The business has a 50-day moving average price of $0.79 and a 200-day moving average price of $0.91.

Eastern International (NASDAQ:ELOG) last released its quarterly earnings data on Thursday, July 30th. The company reported ($0.08) EPS for the quarter. The company had revenue of $9.22 million during 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.