Pax Global Tech (OTCMKTS:PXGYF) Sees Large Increase in Short Interest

Pax Global Tech (OTCMKTS:PXGYFGet Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 15,544 shares, a growth of 62.9% from the November 30th total of 9,544 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,141 shares, the short-interest ratio is presently 4.9 days. Based on an average trading volume of 3,141 shares, the short-interest ratio is presently 4.9 days. Currently, 0.0% of the company’s shares are short sold.

Pax Global Tech Price Performance

OTCMKTS:PXGYF remained flat at $0.67 on Tuesday. Pax Global Tech has a 1-year low of $0.55 and a 1-year high of $0.85. The stock’s fifty day moving average price is $0.68 and its two-hundred day moving average price is $0.74. The company has a current ratio of 5.89, a quick ratio of 4.73 and a debt-to-equity ratio of 0.01.

About Pax Global Tech

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Pax Global Technology Limited is a provider of electronic payment solutions, specializing in the design, development and manufacture of point-of-sale (POS) terminals and related software. The company’s product portfolio encompasses countertop, portable and mobile payment devices, each equipped with secure card readers, touchscreen interfaces and support for contactless and mobile wallet payments. Pax Global Technology also supplies integrated software platforms that enable remote device management, firmware updates and real-time transaction monitoring.

In addition to hardware, Pax offers a suite of software services that streamline payment acceptance and terminal administration.

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