Short Interest in Pax Global Tech (OTCMKTS:PXGYF) Drops By 99.2%

Pax Global Tech (OTCMKTS:PXGYF) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 544 shares, a drop of 99.2% from the May 31st total of 71,813 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,138 shares, the days-to-cover ratio is presently 0.3 days.

Pax Global Tech Stock Performance

Shares of OTCMKTS:PXGYF remained flat at $0.41 during trading on Friday. Pax Global Tech has a one year low of $0.41 and a one year high of $0.85. The firm has a fifty day simple moving average of $0.47 and a 200 day simple moving average of $0.57. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.76 and a current ratio of 4.50.

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.