CXApp Inc. (NASDAQ:CXAIW) Sees Significant Increase in Short Interest

CXApp Inc. (NASDAQ:CXAIWGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 60,819 shares, an increase of 135.1% from the May 14th total of 25,867 shares. Based on an average daily trading volume, of 134,725 shares, the short-interest ratio is currently 0.5 days.

CXApp Stock Down 4.2%

Shares of NASDAQ CXAIW opened at $0.06 on Friday. The business’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.05. CXApp has a 12 month low of $0.02 and a 12 month high of $0.14.

CXApp Company Profile

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CXApp is a technology company specializing in cloud-based digital workplace solutions designed to support hybrid and in-office workforces. Headquartered in Montreal, Canada, with a presence in the United States, the firm delivers a unified platform that enables organizations to optimize space utilization, streamline facilities management and enhance employee engagement. CXApp shares trade on the Nasdaq under the ticker CXAI, with warrants trading as CXAIW.

The company’s flagship offering includes an integrated suite of modules for interactive wayfinding and venue mapping, meeting room and desk reservation, visitor management and real-time service requests.

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