Infrax Systems, Inc. (OTCMKTS:IFXY) Sees Significant Increase in Short Interest

Infrax Systems, Inc. (OTCMKTS:IFXY) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 15,672 shares, a growth of 200.0% from the July 30th total of 5,224 shares. Based on an average daily volume of 93,125 shares, the short-interest ratio is currently 0.2 days.

Infrax Systems Stock Performance

OTCMKTS:IFXY remained flat at $0.00 during mid-day trading on Friday. 15,151,898 shares of the company’s stock were exchanged, compared to its average volume of 2,140,170. Infrax Systems has a 12-month low of $0.00 and a 12-month high of $0.00.

About Infrax Systems

Infrax Systems, Inc provides a series of interrelated operational management, communications, and electric power grid security related products and services that enable a unified solution for communications and applications management of the smart electric power grid. The company offers Secure Intelligent Energy Platform that offers utilities the ability to communicate with devices connected to the power grid. It also provides communication devices, including Secure Network Interface Card that resides in the utility power meter to encrypt and transport the data, such as usage, voltage, current, etc.; and collectors, concentrators, and repeaters.