PhoneX Holdings, Inc. (OTCMKTS:PXHI) Sees Large Growth in Short Interest

PhoneX Holdings, Inc. (OTCMKTS:PXHI) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 8,880 shares, the short-interest ratio is presently 0.0 days.

PhoneX Price Performance

Shares of PXHI remained flat at $1.09 during trading hours on Wednesday. The stock has a market capitalization of $37.92 million, a price-to-earnings ratio of 1.36 and a beta of 0.65. PhoneX has a 1-year low of $0.86 and a 1-year high of $2.76. The company has a 50-day moving average price of $1.17 and a 200 day moving average price of $1.21.

PhoneX (OTCMKTS:PXHI) last issued its 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.