CXApp Inc. (NASDAQ:CXAI) Short Interest Up 35.0% in January

CXApp Inc. (NASDAQ:CXAI) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,481,504 shares, an increase of 35.0% from the December 31st total of 1,097,284 shares. Based on an average trading volume of 1,575,086 shares, the short-interest ratio is presently 0.9 days. Approximately 5.8% of the shares of the company are short sold. Approximately 5.8% of the shares of the company are short sold. Based on an average trading volume of 1,575,086 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of CXApp

A hedge fund recently raised its stake in CXApp stock. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of CXApp Inc. (NASDAQ:CXAI) by 93.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 25,796 shares of the company’s stock after acquiring an additional 12,459 shares during the period. Vanguard Personalized Indexing Management LLC owned approximately 0.13% of CXApp worth $28,000 as of its most recent filing with the SEC. 14.41% of the stock is currently owned by hedge funds and other institutional investors.

CXApp Stock Up 7.1%

CXApp stock traded up $0.02 during mid-day trading on Friday, hitting $0.33. The company’s stock had a trading volume of 11,490,719 shares, compared to its average volume of 7,193,955. CXApp has a 52-week low of $0.24 and a 52-week high of $1.69. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. The company has a market cap of $9.34 million, a PE ratio of -0.55 and a beta of 0.87. The firm’s 50 day moving average is $0.36 and its 200 day moving average is $0.63.

CXApp (NASDAQ:CXAI) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.09. The business had revenue of $1.11 million for the quarter, compared to the consensus estimate of $1.30 million. CXApp had a negative net margin of 227.71% and a negative return on equity of 78.32%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CXApp in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CXApp has an average rating of “Sell”.

About CXApp

CXApp Holdings, Inc develops and delivers workplace experience software designed to help enterprises manage hybrid work environments and improve employee engagement. Its flagship platform provides a mobile-first digital workplace companion that integrates space management, wayfinding, service requests, and communications. By combining Internet of Things (IoT) connectivity and data-driven insights, the platform enables organizations to optimize real estate, enhance operational efficiency, and support health and safety protocols.

The CXApp platform offers a suite of features tailored to employees, visitors, and facilities teams.