Pax Global Tech (OTCMKTS:PXGYF) Sees Significant Decrease in Short Interest

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

Pax Global Tech Stock Performance

Pax Global Tech stock opened at $0.45 on Wednesday. The firm’s fifty day moving average price is $0.52 and its 200-day moving average price is $0.60. 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 fifty-two week low of $0.44 and a fifty-two week high of $0.85.

Pax Global Tech Company Profile

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.