CXApp Inc. (NASDAQ:CXAIW) Sees Large Growth in Short Interest

CXApp Inc. (NASDAQ:CXAIW) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 3,553 shares, an increase of 390.1% from the January 29th total of 725 shares. Based on an average trading volume of 39,603 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 39,603 shares, the short-interest ratio is presently 0.1 days.

CXApp Price Performance

Shares of CXAIW opened at $0.04 on Friday. CXApp has a 1-year low of $0.02 and a 1-year high of $0.16. The firm’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.07.

CXApp Company Profile

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.