What's Going On With ShiftPixy Shares?

ShiftPixy, Inc. PIXY shares are climbing on Friday following a week of volitile trading and massive price moves.

What To Know:

Shares of ShiftPixy are moving higher on continued high trading volume. Volume on Friday has already topped the 1.7 million mark, doubling the stock's 100-day average of 806,000 shares traded.

According to Benzinga Pro, over 10% of available shares are currently sold short which may be contributing to the stock's recent price fluctuations. The stock has a float of 1.502 million.

ShiftPixy provides payroll and human resource solutions for hospitality-centered businesses and workers in the gig economy.

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PIXY Price Action: According to Benzinga Pro, ShiftPixy shares are trading 5% higher at $2.11 at the time of publication.

Image: sergeitokmakov from Pixabay