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

Pax Global Tech (OTCMKTS:PXGYF) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 56,461 shares, a decline of 54.7% from the September 15th total of 124,544 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 77,853 shares, the short-interest ratio is presently 0.7 days.

Pax Global Tech Price Performance

PXGYF stock opened at $0.47 on Thursday. The stock’s 50 day simple moving average is $0.49 and its 200 day simple moving average is $0.48. Pax Global Tech has a 12-month low of $0.37 and a 12-month high of $0.77.

Pax Global Tech Company Profile

Pax Global Technology Limited is a Hong Kong-based provider of electronic payment terminal solutions. The company designs, develops and sells point-of-sale (POS) terminals and related payment technology for merchants, banks, payment service providers and acquiring institutions.

Its product portfolio includes traditional countertop, portable and mobile payment terminals, as well as Android-based smart POS devices. Pax Global also provides associated software and value-added solutions designed to support payment acceptance, transaction management and other retail and business applications.

The company markets its products internationally under the PAX brand and serves customers across Asia-Pacific, Europe, the Middle East, Africa and the Americas.