CXApp Inc. (NASDAQ:CXAIW) Sees Significant Decrease in Short Interest

CXApp Inc. (NASDAQ:CXAIW) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 19,122 shares, a drop of 68.6% from the May 31st total of 60,819 shares. Based on an average trading volume of 92,591 shares, the short-interest ratio is presently 0.2 days.

CXApp Trading Down 2.3%

CXAIW stock traded down $0.00 during midday trading on Monday, hitting $0.06. 4,059 shares of the company traded hands, compared to its average volume of 73,418. CXApp has a twelve month low of $0.02 and a twelve month high of $0.14. The business has a 50 day simple moving average of $0.05 and a 200-day simple moving average of $0.05.

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.