Short Interest in CXApp Inc. (NASDAQ:CXAI) Declines By 31.6%

CXApp Inc. (NASDAQ:CXAI) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 1,097,284 shares, a decrease of 31.6% from the December 15th total of 1,604,790 shares. Based on an average trading volume of 1,501,332 shares, the short-interest ratio is currently 0.7 days. Currently, 4.3% of the company’s shares are short sold. Currently, 4.3% of the company’s shares are short sold. Based on an average trading volume of 1,501,332 shares, the short-interest ratio is currently 0.7 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CXApp in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CXApp stock. Vanguard Personalized Indexing Management LLC increased its stake in shares of CXApp Inc. (NASDAQ:CXAI) by 93.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,796 shares of the company’s stock after acquiring an additional 12,459 shares during the quarter. Vanguard Personalized Indexing Management LLC owned about 0.13% of CXApp worth $28,000 at the end of the most recent quarter. 14.41% of the stock is currently owned by hedge funds and other institutional investors.

CXApp Stock Up 1.7%

NASDAQ CXAI traded up $0.01 during trading on Friday, reaching $0.30. 514,515 shares of the company’s stock were exchanged, compared to its average volume of 1,488,708. The company has a 50 day moving average price of $0.41 and a two-hundred day moving average price of $0.69. The stock has a market cap of $8.45 million, a P/E ratio of -0.50 and a beta of 0.87. CXApp has a 1 year low of $0.28 and a 1 year high of $2.03. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.89 and a current ratio of 0.89.

CXApp (NASDAQ:CXAI) last issued its earnings results on Wednesday, November 12th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.09. The business had revenue of $1.11 million for the quarter, compared to analyst estimates of $1.30 million. CXApp had a negative return on equity of 78.32% and a negative net margin of 227.71%.

About CXApp

CXApp Holdings, Inc develops and delivers workplace experience software designed to help enterprises manage hybrid work environments and improve employee engagement. Its flagship platform provides a mobile-first digital workplace companion that integrates space management, wayfinding, service requests, and communications. By combining Internet of Things (IoT) connectivity and data-driven insights, the platform enables organizations to optimize real estate, enhance operational efficiency, and support health and safety protocols.

The CXApp platform offers a suite of features tailored to employees, visitors, and facilities teams.