PhoneX Holdings, Inc. (OTCMKTS:PXHI) Short Interest Up 110.8% in April

PhoneX Holdings, Inc. (OTCMKTS:PXHI) was the target of a significant growth in short interest in 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 sold short. Based on an average daily volume of 4,289 shares, the short-interest ratio is currently 0.1 days.

PhoneX Price Performance

Shares of OTCMKTS PXHI remained flat at $1.10 during trading on Friday. The business has a 50-day moving average of $1.28 and a 200 day moving average of $1.63. PhoneX has a 1 year low of $1.00 and a 1 year high of $3.25. The company has a market capitalization of $37.58 million, a price-to-earnings ratio of 1.40 and a beta of 0.76.

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

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.