Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Sees Large Growth in Short Interest

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 10,500 shares, a growth of 22.1% from the February 13th total of 8,600 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 47,300 shares, the short-interest ratio is currently 0.2 days.

Galaxy Gaming Stock Performance

Shares of GLXZ traded up $0.02 during trading hours on Wednesday, hitting $2.87. 5,687 shares of the company were exchanged, compared to its average volume of 51,672. The company has a market cap of $72.08 million, a PE ratio of -28.70 and a beta of 1.33. The firm’s 50 day moving average is $2.83 and its 200-day moving average is $2.78. Galaxy Gaming has a 52 week low of $1.10 and a 52 week high of $2.99.

About Galaxy Gaming

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.