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

CXApp Inc. (NASDAQ:CXAIW) was the recipient of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 13,200 shares, a decline of 35.3% from the May 15th total of 20,400 shares. Based on an average daily trading volume, of 230,100 shares, the days-to-cover ratio is currently 0.1 days.

CXApp Price Performance

CXAIW remained flat at $0.21 during trading on Friday. The company’s stock had a trading volume of 7,221 shares, compared to its average volume of 174,677. CXApp has a 12-month low of $0.05 and a 12-month high of $0.65. The stock has a fifty day simple moving average of $0.28 and a 200 day simple moving average of $0.18.

CXApp Company Profile

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.