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

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

ShiftPixy Stock Up 6.3 %

ShiftPixy stock traded up $0.10 during trading hours on Friday, hitting $1.69. The company had a trading volume of 61,542 shares, compared to its average volume of 568,522. ShiftPixy has a fifty-two week low of $1.38 and a fifty-two week high of $49.44. The firm’s fifty day moving average is $1.76 and its 200-day moving average is $3.26.

ShiftPixy (NASDAQ:PIXY) last posted its quarterly earnings results on Friday, April 19th. The company reported ($0.87) earnings per share 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.