Pyxis Tankers Inc. (NASDAQ:PXS) Short Interest Up 61.8% in December
Pyxis Tankers Inc. (NASDAQ:PXS) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 27,500 shares, a growth of 61.8% from the December 15th total of 17,000 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 601,800 shares, the days-to-cover ratio is currently 0.0 days.
Separately, ValuEngine cut Pyxis Tankers from a “buy” rating to a “hold” rating in a research report on Friday, November 13th.
Shares of PXS stock opened at $0.94 on Thursday. The company has a quick ratio of 0.15, a current ratio of 0.21 and a debt-to-equity ratio of 1.79. The business has a 50-day moving average price of $0.87 and a two-hundred day moving average price of $0.85. Pyxis Tankers has a 12-month low of $0.62 and a 12-month high of $1.37. The firm has a market cap of $20.07 million, a P/E ratio of -2.85 and a beta of 0.41.
Pyxis Tankers Company Profile
Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.
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