CXApp Inc. (NASDAQ:CXAI) Short Interest Update

CXApp Inc. (NASDAQ:CXAI) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 245,712 shares, a drop of 96.6% from the August 15th total of 7,205,536 shares. Based on an average daily trading volume, of 496,945 shares, the short-interest ratio is presently 0.5 days. Approximately 10.9% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts recently commented on CXAI shares. Weiss Ratings restated a “sell (e+)” rating on shares of CXApp in a research report on Friday, July 17th. Wall Street Zen raised CXApp to a “hold” rating in a report on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its stake in shares of CXApp by 242.3% in the 1st quarter. Renaissance Technologies LLC now owns 371,754 shares of the company’s stock valued at $67,000 after purchasing an additional 263,154 shares in the last quarter. Virtu Financial LLC bought a new stake in CXApp in the fourth quarter worth $46,000. DRW Securities LLC bought a new stake in CXApp in the fourth quarter worth $44,000. Geode Capital Management LLC boosted its position in CXApp by 32.0% during the fourth quarter. Geode Capital Management LLC now owns 207,427 shares of the company’s stock valued at $69,000 after buying an additional 50,310 shares during the period. Finally, XTX Topco Ltd purchased a new stake in CXApp during the second quarter valued at about $41,000. 14.41% of the stock is currently owned by institutional investors.

CXApp Price Performance

CXAI traded down $0.09 during trading on Thursday, reaching $2.95. The stock had a trading volume of 126,189 shares, compared to its average volume of 386,489. The business has a 50-day moving average of $5.80 and a 200-day moving average of $8.35. CXApp has a one year low of $2.89 and a one year high of $51.99. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market cap of $6.90 million, a PE ratio of -0.11 and a beta of 0.92.

CXApp (NASDAQ:CXAI) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.00) by $2.90. The firm had revenue of $1.69 million during the quarter, compared to analyst estimates of $1.15 million. CXApp had a negative return on equity of 135.04% and a negative net margin of 446.46%.

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.