Short Interest Update on EZCORP (EZPW)

EZCORP (EZPW) : Traders are negative on EZCORP (EZPW), as it has 5.6% of short positions outstanding compared to its float. The total shorts have reduced by -358,087 shares, which is a -11.7% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,3,071,348 to 2,713,261 shares. While the daily trading volume of the stock is 447,716, there are 6 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

EZCORP (NASDAQ:EZPW): The stock opened at $10.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $10.43 for the day. The stock traded down to $9.87 during the day, due to lack of any buying support eventually closed down at $9.92 with a loss of -4.06% for the day. The stock had closed at $10.34 on the previous day. The total traded volume was 323,118 shares.


EZCORP, Inc. is engaged in delivering instant cash solutions to customers across channels, products, services and markets. The Company offers customers multiple ways to access instant cash through approximately 1,400 locations and branches across the United States, Mexico, Canada and the United Kingdom. Products are offered through four primary channels: in-store, online, worksite and through a mobile platform. It provides a variety of instant cash solutions, including collateralized, non-recourse loans, known as pawn loans, and a variety of short-term consumer loans, including single-payment and multiple-payment unsecured loans and single-payment and multiple payment auto title loans. In some United States locations (primarily in Texas), the Company does not offer loan products themselves, but rather offer credit services to help customers obtain loans from independent third-party lenders.

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