PhoneX Holdings, Inc. (OTCMKTS:PXHI) Stock Short Interest Report for September

PhoneX Holdings, Inc. (OTCMKTS:PXHI) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 99 shares, a drop of 50.5% from the September 15th total of 200 shares. Based on an average daily volume of 2,337 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

PhoneX Price Performance

PXHI stock remained flat at $1.08 during mid-day trading on Friday. The company’s stock had a trading volume of 6,308 shares, compared to its average volume of 1,006. The company has a 50-day moving average price of $1.15 and a two-hundred day moving average price of $1.19. PhoneX has a 1-year low of $0.86 and a 1-year high of $2.23. The stock has a market capitalization of $37.57 million, a P/E ratio of 1.35 and a beta of 0.64.

PhoneX (OTCMKTS:PXHI) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $2.38 million during the quarter.

PhoneX Company Profile

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.