ShiftPixy, Inc. (NASDAQ:PIXY) Short Interest Update

ShiftPixy, Inc. (NASDAQ:PIXY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 157,800 shares, a growth of 65.1% from the September 15th total of 95,600 shares. Based on an average daily trading volume, of 102,900 shares, the days-to-cover ratio is presently 1.5 days. Currently, 9.7% of the company’s stock are short sold.

ShiftPixy Stock Down 9.1 %

NASDAQ:PIXY traded down $0.88 on Monday, reaching $8.87. 62,171 shares of the stock traded hands, compared to its average volume of 28,414. ShiftPixy has a 12 month low of $8.03 and a 12 month high of $239.33. The company’s fifty day simple moving average is $1.01 and its 200 day simple moving average is $1.56.

About ShiftPixy

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.