What Next for FENIX PARTS INCORPORATED (OTCMKTS:FENX) Stock After Decrease in Shorted Shares?

February 12, 2018 - By Winifred Garcia

The stock of FENIX PARTS INCORPORATED (OTCMKTS:FENX) registered a decrease of 0.06% in short interest. FENX’s total short interest was 340,700 shares in February as published by FINRA. Its down 0.06% from 340,900 shares, reported previously. With 62,800 shares average volume, it will take short sellers 5 days to cover their FENX’s short positions.

The stock increased 38.91% or $0.1245 during the last trading session, reaching $0.4445. About 296,919 shares traded or 175.60% up from the average. Fenix Parts, Inc. (OTCMKTS:FENX) has declined 80.24% since February 12, 2017 and is downtrending. It has underperformed by 96.94% the S&P500.

Fenix Parts, Inc. engages in the auto recycling business in the United States and Canada. The company has market cap of $9.10 million. It is involved in the recovery and resale of original equipment maker parts, components, and systems, such as engines, transmissions, radiators, trunks, lamps, seats, and collision repair parts used to repair vehicles involved in a collision comprising door assemblies, trunk lids, lights, fenders, and other products. It currently has negative earnings. The firm serves collision repair shops, mechanical repair shops, auto dealerships, and individual retail customers.

More notable recent Fenix Parts, Inc. (OTCMKTS:FENX) news were published by: Quotes.Wsj.com which released: “News Fenix Parts Inc.FENX” on May 08, 2015, also Marketwatch.com with their article: “Fenix Parts Inc.” published on October 20, 2016, Globenewswire.com published: “Lawsuit for Investors in Fenix Parts Inc (NASDAQ:FENX) shares announced by …” on February 07, 2017. More interesting news about Fenix Parts, Inc. (OTCMKTS:FENX) were released by: Prnewswire.com and their article: “Hynes Keller & Hernandez, LLC Announces Investigation of Fenix Parts, Inc …” published on March 03, 2017 as well as Streetinsider.com‘s news article titled: “Form SC 13G/A Fenix Parts, Inc. Filed by: JENNISON ASSOCIATES LLC” with publication date: February 05, 2018.

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