Short Interest in Pyxis Tankers Inc. (NASDAQ:PXS) Declines By 19.7%

Pyxis Tankers Inc. (NASDAQ:PXS) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 47,200 shares, a drop of 19.7% from the May 15th total of 58,800 shares. Based on an average daily trading volume, of 33,200 shares, the short-interest ratio is presently 1.4 days. Currently, 1.0% of the company’s shares are sold short.

Pyxis Tankers Trading Up 1.8 %

Shares of PXS stock traded up $0.09 during trading hours on Monday, hitting $5.04. 25,732 shares of the company’s stock traded hands, compared to its average volume of 45,063. The company has a quick ratio of 5.94, a current ratio of 6.04 and a debt-to-equity ratio of 0.55. Pyxis Tankers has a 12 month low of $3.25 and a 12 month high of $5.47. The stock has a market cap of $52.92 million, a PE ratio of 1.94 and a beta of 0.02. The stock’s 50 day simple moving average is $4.86 and its 200 day simple moving average is $4.58.

Pyxis Tankers (NASDAQ:PXS) last announced its earnings results on Tuesday, May 21st. The transportation company reported $0.30 EPS for the quarter. The firm had revenue of $11.81 million for the quarter. Pyxis Tankers had a return on equity of 37.62% and a net margin of 69.59%.

About Pyxis Tankers

Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector worldwide. The company operates through Tanker Vessels and Dry-Bulk Vessels segments. 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.