Galaxy Payroll Group Limited (NASDAQ:GLXG) Stock Short Interest Drops 37.5%

Posted by Chris Copeland on Nov 2nd, 2026

Galaxy Payroll Group Limited (NASDAQ:GLXG – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 37,133 shares, a decrease of 37.5% from the September 30th total of 59,371 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 179,523 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Galaxy Payroll Group in a report on Friday, September 4th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Galaxy Payroll Group

Galaxy Payroll Group Price Performance

GLXG stock traded down $0.03 during midday trading on Monday, hitting $0.61. The stock had a trading volume of 222,430 shares, compared to its average volume of 1,083,103. The business has a fifty day moving average price of $0.98 and a two-hundred day moving average price of $1.46. Galaxy Payroll Group has a 1-year low of $0.53 and a 1-year high of $4.79.

Galaxy Payroll Group (NASDAQ:GLXG – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported ($0.21) earnings per share for the quarter. The business had revenue of $0.94 million during the quarter.

About Galaxy Payroll Group

(Get Free Report)

Galaxy Payroll Group Limited is a Hong Kong-based provider of payroll outsourcing and human resources services. Through its operating subsidiaries, the company helps businesses manage recurring payroll and employment-related administrative processes.

Its services include payroll calculation and processing, employee payment administration, statutory reporting, and support related to Hong Kong’s Mandatory Provident Fund system. Galaxy Payroll also provides related human resources and administrative assistance designed to help corporate clients manage their workforce and employment obligations.

The company primarily serves businesses in Hong Kong and is listed on the Nasdaq Capital Market under the symbol GLXG.