Pyxus International, Inc. (OTCMKTS:PYYX) Sees Large Decline in Short Interest

Pyxus International, Inc. (OTCMKTS:PYYX) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,800 shares, a drop of 26.3% from the August 15th total of 3,800 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 0.7 days.

Shares of PYYX opened at $2.38 on Tuesday. The company’s 50-day moving average is $2.23 and its 200-day moving average is $3.25. Pyxus International has a fifty-two week low of $1.50 and a fifty-two week high of $8.50.

A hedge fund recently bought a new stake in Pyxus International stock. Metropolitan Life Insurance Co NY bought a new stake in Pyxus International, Inc. (OTCMKTS:PYYX) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,008 shares of the company’s stock, valued at approximately $71,000. 64.29% of the stock is owned by hedge funds and other institutional investors.

Pyxus International Company Profile

Pyxus International, Inc, an agricultural company, engages in the provision of various agricultural products, ingredients, and services to businesses and customers. It offers leaf tobacco; e-liquids used in vaporizers, electronic cigarettes, and other vaping hardware and accessories; and industrial hemp-derived cannabidiol products.

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