PhoneX Holdings, Inc. (OTCMKTS:PXHI) Short Interest Update

PhoneX Holdings, Inc. (OTCMKTS:PXHI) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 565 shares, a growth of 110.8% from the April 15th total of 268 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,289 shares, the days-to-cover ratio is presently 0.1 days.

PhoneX Stock Performance

PXHI stock remained flat at $1.10 during mid-day trading on Friday. The firm has a market cap of $37.58 million, a PE ratio of 1.40 and a beta of 0.76. PhoneX has a fifty-two week low of $1.00 and a fifty-two week high of $3.25. The stock’s fifty day moving average is $1.28 and its 200 day moving average is $1.63.

PhoneX (OTCMKTS:PXHI) last posted its earnings results on Friday, May 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $2.63 million during the quarter.

PhoneX Company Profile

PhoneX Holdings, Inc operates as a market maker of used smartphones. The company acquires products from individual consumers through its uSell.com Website, as well as from various carriers, big box retailers, and manufacturers through its subsidiary, We Sell Cellular. It sells its devices to professional buyers, such as brick and mortar retailers, online retailers, large and small wholesalers, small repair shops, large refurbishing providers, and insurance companies, as well as directly to consumers through third party e-commerce platforms.