Short Interest in Pax Global Tech (OTCMKTS:PXGYF) Drops By 46.3%

Pax Global Tech (OTCMKTS:PXGYF) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 98,544 shares, a decrease of 46.3% from the April 30th total of 183,544 shares. Based on an average trading volume of 5,159 shares, the short-interest ratio is currently 19.1 days. Currently, 0.0% of the shares of the company are short sold.

Pax Global Tech Price Performance

Pax Global Tech stock opened at $0.45 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.76. Pax Global Tech has a fifty-two week low of $0.44 and a fifty-two week high of $0.85. The stock has a 50-day simple moving average of $0.52 and a 200-day simple moving average of $0.60.

About Pax Global Tech

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.