Pax Global Tech (OTCMKTS:PXGYF) Sees Large Decline in Short Interest

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

Pax Global Tech Price Performance

Shares of PXGYF stock opened at $0.47 on Wednesday. Pax Global Tech has a 12 month low of $0.37 and a 12 month high of $0.77. The company has a 50 day simple moving average of $0.49 and a two-hundred day simple moving average of $0.48.

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.