Gaxos.ai Inc. (NASDAQ:GXAI) Short Interest Update

Gaxos.ai Inc. (NASDAQ:GXAIGet Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 504,000 shares, a growth of 108.3% from the December 31st total of 242,000 shares. Currently, 15.0% of the company’s stock are sold short. Based on an average trading volume of 7,340,000 shares, the short-interest ratio is presently 0.1 days.

Gaxos.ai Stock Performance

GXAI traded down $0.05 during midday trading on Friday, reaching $1.57. 208,598 shares of the company were exchanged, compared to its average volume of 1,045,716. The company’s fifty day moving average price is $2.34 and its 200 day moving average price is $2.07. Gaxos.ai has a one year low of $1.01 and a one year high of $19.20.

About Gaxos.ai

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Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.

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