PhoneX Holdings, Inc. (OTCMKTS:PXHI) Short Interest Update

PhoneX Holdings, Inc. (OTCMKTS:PXHI) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, an increase of 25.0% from the March 31st total of 400 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 0.3 days.

PhoneX Stock Performance

Shares of OTCMKTS PXHI remained flat at $1.20 during trading hours on Monday. The company had a trading volume of 200 shares, compared to its average volume of 1,324. The company’s 50 day moving average price is $1.11 and its 200-day moving average price is $1.04. PhoneX has a 1-year low of $0.76 and a 1-year high of $1.94.

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.