Galaxy Gaming Inc. (OTCMKTS:GLXZ) Short Interest Update

Galaxy Gaming Inc. (OTCMKTS:GLXZ) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,000 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 296,708 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Galaxy Gaming Trading Down 0.3%

GLXZ traded down $0.01 on Monday, reaching $1.74. The company had a trading volume of 48,930 shares, compared to its average volume of 69,762. The company has a fifty day moving average of $1.70 and a 200-day moving average of $1.81. The company has a market capitalization of $43.42 million, a P/E ratio of 9.13 and a beta of 0.40. Galaxy Gaming has a one year low of $1.42 and a one year high of $2.99.

Galaxy Gaming declared that its board has initiated a stock repurchase plan on Wednesday, July 22nd that authorizes the company to repurchase $4.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 10.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Galaxy Gaming Company Profile

Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.

The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.