Galaxy Gaming Inc. (OTCMKTS:GLXZ) Short Interest Down 62.3% in May

Galaxy Gaming Inc. (OTCMKTS:GLXZ) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 5,455 shares, a decline of 62.3% from the April 30th total of 14,465 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 100,196 shares, the days-to-cover ratio is presently 0.1 days.

Galaxy Gaming Trading Down 2.8%

GLXZ stock traded down $0.05 during mid-day trading on Monday, hitting $1.75. The stock had a trading volume of 1,849 shares, compared to its average volume of 72,267. Galaxy Gaming has a 52 week low of $1.42 and a 52 week high of $3.00. The firm has a market capitalization of $44.36 million, a P/E ratio of 9.21 and a beta of 0.41. The firm has a fifty day simple moving average of $1.81 and a 200 day simple moving average of $2.23.

Galaxy Gaming (OTCMKTS:GLXZ) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.06 earnings per share (EPS) for the quarter. Galaxy Gaming had a net margin of 15.85% and a negative return on equity of 26.72%. The business had revenue of $8.24 million for the quarter.

About Galaxy Gaming

Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.

The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.