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

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

PhoneX Stock Performance

Shares of PXHI stock remained flat at $1.10 on Friday. 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 has a twelve month low of $1.00 and a twelve month high of $3.25. The stock’s 50-day moving average price is $1.28 and its 200-day moving average price is $1.63.

PhoneX (OTCMKTS:PXHI) last released its quarterly earnings results on Friday, May 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm 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.