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

CXApp Inc. (NASDAQ:CXAIW – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 15,721 shares, a decrease of 54.2% from the September 15th total of 34,301 shares. Based on an average trading volume of 13,958 shares, the days-to-cover ratio is currently 1.1 days.

CXApp Price Performance

Shares of NASDAQ:CXAIW traded down $0.00 during midday trading on Tuesday, reaching $0.03. The company had a trading volume of 3,797 shares, compared to its average volume of 56,927. The business’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.04. CXApp has a 1-year low of $0.02 and a 1-year high of $0.12.

About CXApp

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CXApp Inc is a workplace experience technology company that provides a digital platform designed to help organizations manage employee engagement and hybrid work environments. Its software brings workplace communications, services and experiences together through branded mobile and web applications.

The CXApp platform includes tools for internal communications, workplace and facility navigation, room and desk booking, events, employee services and workplace analytics. It is intended to help companies connect employees with one another and with corporate resources while improving the use and management of physical workspaces.

CXApp serves enterprise customers seeking to support distributed and hybrid workforces.

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