Short Interest in Pexip Holding ASA (OTCMKTS:PXPHF) Declines By 88.2%

Pexip Holding ASA (OTCMKTS:PXPHFGet Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 265 shares, a drop of 88.2% from the May 31st total of 2,244 shares. Based on an average daily trading volume, of 2,146 shares, the short-interest ratio is presently 0.1 days.

Pexip Holding ASA Stock Performance

Shares of Pexip Holding ASA stock remained flat at $8.14 during trading on Friday. Pexip Holding ASA has a fifty-two week low of $6.01 and a fifty-two week high of $8.14. The stock has a 50 day moving average of $7.67 and a two-hundred day moving average of $7.02.

About Pexip Holding ASA

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Pexip Holding ASA is a Norway?based technology company specializing in secure video conferencing and collaboration solutions for enterprise and public sector customers. The company’s flagship offering, the Pexip Infinity platform, enables organizations to host, manage and record high?definition video meetings across cloud, hybrid and on?premises deployments. Pexip’s platform is designed to interoperate seamlessly with popular communication tools and standards, supporting Microsoft Teams, Google Meet, Zoom, Cisco Webex, as well as traditional SIP and H.323 systems.

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