Pyxis Tankers Inc. (NASDAQ:PXSAP) Sees Large Increase in Short Interest

Pyxis Tankers Inc. (NASDAQ:PXSAP) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 500 shares, a growth of 66.7% from the February 29th total of 300 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 0.4 days.

Pyxis Tankers Stock Performance

Shares of NASDAQ:PXSAP traded up $0.10 on Thursday, reaching $24.75. 1,118 shares of the company’s stock were exchanged, compared to its average volume of 1,454. Pyxis Tankers has a twelve month low of $21.00 and a twelve month high of $26.99. The company has a fifty day moving average of $24.59 and a 200-day moving average of $24.06.

Pyxis Tankers Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 13th were paid a dividend of $0.1615 per share. The ex-dividend date was Tuesday, March 12th. This represents a $1.94 dividend on an annualized basis and a yield of 7.83%.

Institutional Trading of Pyxis Tankers

An institutional investor recently bought a new position in Pyxis Tankers stock. UBS Group AG bought a new position in shares of Pyxis Tankers Inc. (NASDAQ:PXSAP) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,130 shares of the company’s stock, valued at approximately $35,000.

About Pyxis Tankers

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.