Short Interest in Pyxis Tankers Inc. (NASDAQ:PXS) Declines By 23.2%

Pyxis Tankers Inc. (NASDAQ:PXS) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 67,100 shares, a drop of 23.2% from the March 31st total of 87,400 shares. Based on an average daily trading volume, of 37,300 shares, the short-interest ratio is presently 1.8 days. Currently, 1.3% of the shares of the stock are short sold.

Pyxis Tankers Price Performance

PXS traded up $0.06 during trading hours on Friday, hitting $4.53. The company’s stock had a trading volume of 20,077 shares, compared to its average volume of 20,947. The business’s 50-day moving average price is $4.58 and its 200-day moving average price is $4.31. Pyxis Tankers has a 12 month low of $3.25 and a 12 month high of $5.58. The stock has a market cap of $47.51 million, a price-to-earnings ratio of 1.53 and a beta of 0.04. The company has a current ratio of 6.04, a quick ratio of 5.94 and a debt-to-equity ratio of 0.55.

About Pyxis Tankers

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.