Galaxy Gaming Inc. (OTCMKTS:GLXZ) Sees Significant Decrease in Short Interest

Galaxy Gaming Inc. (OTCMKTS:GLXZ) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 5,455 shares, a drop of 62.3% from the April 30th total of 14,465 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 100,196 shares, the days-to-cover ratio is presently 0.1 days.

Galaxy Gaming Stock Up 2.9%

Shares of OTCMKTS:GLXZ opened at $1.80 on Friday. The firm’s 50 day moving average price is $1.81 and its 200 day moving average price is $2.24. The stock has a market cap of $45.63 million, a price-to-earnings ratio of 9.47 and a beta of 0.43. Galaxy Gaming has a fifty-two week low of $1.42 and a fifty-two week high of $3.00.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its earnings results on Friday, March 27th. The company reported $0.06 earnings per share for the quarter. Galaxy Gaming had a net margin of 15.85% and a negative return on equity of 26.72%. The firm had revenue of $8.24 million for the quarter.

About Galaxy Gaming

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.