Short Interest in CXApp Inc. (NASDAQ:CXAIW) Rises By 516.4%

CXApp Inc. (NASDAQ:CXAIWGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 26,117 shares, a growth of 516.4% from the April 15th total of 4,237 shares. Based on an average trading volume of 59,552 shares, the days-to-cover ratio is currently 0.4 days.

CXApp Stock Performance

Shares of NASDAQ CXAIW traded down $0.01 during mid-day trading on Tuesday, reaching $0.03. The company had a trading volume of 26,510 shares, compared to its average volume of 69,885. The company has a 50-day moving average price of $0.04 and a two-hundred day moving average price of $0.05. CXApp has a 1-year low of $0.02 and a 1-year high of $0.14.

About CXApp

(Get Free Report)

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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