Short Interest in Pax Global Tech (OTCMKTS:PXGYF) Increases By 165.3%

Pax Global Tech (OTCMKTS:PXGYF) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 115,544 shares, an increase of 165.3% from the July 30th total of 43,544 shares. Based on an average daily volume of 5,692 shares, the short-interest ratio is presently 20.3 days. Currently, 0.0% of the company’s shares are short sold.

Pax Global Tech Stock Performance

Shares of OTCMKTS PXGYF opened at $0.56 on Friday. The company has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.51. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.76 and a current ratio of 4.50. Pax Global Tech has a 1 year low of $0.37 and a 1 year high of $0.83.

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.