Galaxy Gaming Inc. (OTCMKTS:GLXZ) Short Interest Update

Galaxy Gaming Inc. (OTCMKTS:GLXZ) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,000 shares, a growth of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 296,708 shares, the short-interest ratio is presently 0.0 days.

Galaxy Gaming Stock Up 0.6%

OTCMKTS:GLXZ opened at $1.75 on Tuesday. Galaxy Gaming has a 52 week low of $1.42 and a 52 week high of $2.99. The company has a market capitalization of $43.78 million, a P/E ratio of 9.21 and a beta of 0.40. The stock’s fifty day moving average is $1.70 and its two-hundred day moving average is $1.80.

Galaxy Gaming declared that its board has approved a share buyback plan on Wednesday, July 22nd that authorizes the company to repurchase $4.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

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.