CXApp Inc. (NASDAQ:CXAI) Short Interest Up 26.1% in December

CXApp Inc. (NASDAQ:CXAI) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,604,790 shares, an increase of 26.1% from the November 30th total of 1,272,359 shares. Based on an average daily volume of 4,503,105 shares, the short-interest ratio is presently 0.4 days. Currently, 6.3% of the shares of the company are sold short. Currently, 6.3% of the shares of the company are sold short. Based on an average daily volume of 4,503,105 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CXApp in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

CXApp Trading Up 1.2%

Shares of CXAI opened at $0.31 on Wednesday. CXApp has a twelve month low of $0.30 and a twelve month high of $2.54. The stock has a market cap of $8.87 million, a PE ratio of -0.53 and a beta of 0.84. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.43. The business’s 50-day moving average price is $0.50 and its 200-day moving average price is $0.74.

CXApp (NASDAQ:CXAI) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.09. The company had revenue of $1.11 million during the quarter, compared to analyst estimates of $1.30 million. CXApp had a negative net margin of 227.71% and a negative return on equity of 78.32%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CXApp stock. XTX Topco Ltd acquired a new stake in shares of CXApp Inc. (NASDAQ:CXAI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 38,275 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned 0.19% of CXApp as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 14.41% of the company’s stock.

CXApp Company Profile

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.