CXApp Inc. (NASDAQ:CXAI) Short Interest Up 5.2% in May

CXApp Inc. (NASDAQ:CXAI) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 1,420,000 shares, a growth of 5.2% from the May 15th total of 1,350,000 shares. Based on an average trading volume of 7,120,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 11.9% of the shares of the stock are sold short.

CXApp Price Performance

CXAI stock opened at $2.26 on Thursday. CXApp has a 12 month low of $1.03 and a 12 month high of $14.14. The firm has a 50-day moving average price of $3.19 and a 200-day moving average price of $2.35.

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.