Short Interest in ShiftPixy, Inc. (NASDAQ:PIXY) Decreases By 82.7%

ShiftPixy, Inc. (NASDAQ:PIXY) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totalling 82,500 shares, a decline of 82.7% from the June 15th total of 476,300 shares. Based on an average daily volume of 524,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 4.4% of the company’s stock are sold short.

ShiftPixy Stock Up 6.3 %

ShiftPixy stock traded up $0.10 during mid-day trading on Friday, reaching $1.69. The company’s stock had a trading volume of 61,542 shares, compared to its average volume of 568,522. ShiftPixy has a 12 month low of $1.38 and a 12 month high of $49.44. The business’s 50 day simple moving average is $1.76 and its 200 day simple moving average is $3.26.

ShiftPixy (NASDAQ:PIXY) last posted its quarterly earnings data on Friday, April 19th. The company reported ($0.87) EPS for the quarter. The firm had revenue of $3.81 million for the quarter.

ShiftPixy Company Profile

ShiftPixy, Inc, together with its subsidiaries, provides staffing solutions in the United States. It offers employment administrative services, such as payroll processing, human resources consulting, and workers' compensation administration and coverage. The company operates human resources information systems platform to assist in client acquisition for the onboarding of new clients into the company's closed proprietary operating and processing information system.