CXApp Inc. (NASDAQ:CXAIW) Short Interest Up 135.1% in May

CXApp Inc. (NASDAQ:CXAIWGet Free Report) was the target of 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 trading volume of 134,725 shares, the short-interest ratio is currently 0.5 days.

CXApp Price Performance

CXApp stock traded down $0.00 during trading on Friday, reaching $0.06. The company had a trading volume of 34,548 shares, compared to its average volume of 77,395. CXApp has a 12-month low of $0.02 and a 12-month high of $0.14. The stock’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.05.

About CXApp

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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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