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

CXApp Inc. (NASDAQ:CXAIW) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,050 shares, an increase of 198.8% from the February 26th total of 686 shares. Based on an average daily volume of 69,592 shares, the days-to-cover ratio is currently 0.0 days.

CXApp Price Performance

CXAIW traded down $0.00 during trading on Friday, reaching $0.04. 21,833 shares of the company’s stock were exchanged, compared to its average volume of 77,209. The company’s fifty day moving average price is $0.04 and its 200-day moving average price is $0.06. CXApp has a fifty-two week low of $0.02 and a fifty-two week high of $0.16.

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.