Short Interest in CXApp Inc. (NASDAQ:CXAIW) Increases By 61.9%

CXApp Inc. (NASDAQ:CXAIW) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 23,244 shares, an increase of 61.9% from the August 15th total of 14,359 shares. Based on an average daily volume of 25,946 shares, the short-interest ratio is presently 0.9 days.

CXApp Stock Down 0.9%

Shares of CXAIW traded down $0.00 during trading hours on Thursday, reaching $0.03. The stock had a trading volume of 1,719 shares, compared to its average volume of 59,936. CXApp has a 12 month low of $0.02 and a 12 month high of $0.12. The company’s 50-day moving average is $0.04 and its two-hundred day moving average is $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.