Eastern International Ltd. (NASDAQ:ELOG) Sees Significant Drop in Short Interest

Eastern International Ltd. (NASDAQ:ELOGGet Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,448 shares, a decline of 60.4% from the June 15th total of 13,764 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 24,732 shares, the days-to-cover ratio is presently 0.2 days.

Eastern International Price Performance

Shares of NASDAQ ELOG opened at $0.84 on Monday. The business’s 50 day moving average price is $0.91. Eastern International has a 1 year low of $0.80 and a 1 year high of $3.60.

Analyst Ratings Changes

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

Read Our Latest Research Report on ELOG

About Eastern International

(Get Free Report)

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.

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