Short Interest in Gaxos.ai Inc. (NASDAQ:GXAI) Declines By 90.6%

Gaxos.ai Inc. (NASDAQ:GXAI) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 72,500 shares, a decrease of 90.6% from the November 15th total of 767,300 shares. Based on an average daily volume of 6,670,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.9% of the shares of the stock are short sold.

Gaxos.ai Trading Up 1.6 %

Shares of Gaxos.ai stock traded up $0.08 during mid-day trading on Wednesday, reaching $5.07. 12,868,592 shares of the stock were exchanged, compared to its average volume of 2,208,728. Gaxos.ai has a fifty-two week low of $1.01 and a fifty-two week high of $19.20. The firm has a 50-day simple moving average of $1.52 and a 200 day simple moving average of $2.24.

Gaxos.ai Company Profile

Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.