Short Interest in PhoneX Holdings, Inc. (OTCMKTS:PXHI) Increases By 25.0%

PhoneX Holdings, Inc. (OTCMKTS:PXHI) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a growth of 25.0% from the March 31st total of 400 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.3 days.

PhoneX Stock Performance

PhoneX stock remained flat at $1.20 during mid-day trading on Monday. 200 shares of the company were exchanged, compared to its average volume of 1,324. The stock has a 50-day moving average of $1.11 and a two-hundred day moving average of $1.04. PhoneX has a fifty-two week low of $0.76 and a fifty-two week high of $1.94.

About PhoneX

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.