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

CXApp Inc. (NASDAQ:CXAIW) was the recipient of a large decrease in short interest in February. As of February 27th, there was short interest totaling 686 shares, a decrease of 80.7% from the February 12th total of 3,553 shares. Based on an average daily trading volume, of 11,399 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 11,399 shares, the days-to-cover ratio is currently 0.1 days.

CXApp Stock Performance

Shares of NASDAQ:CXAIW traded down $0.01 during trading on Thursday, reaching $0.06. The stock had a trading volume of 132,848 shares, compared to its average volume of 82,159. The business has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.07. 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.