CXApp Inc. (NASDAQ:CXAI) Short Interest Update

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

Analysts Set New Price Targets

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

Institutional Trading of CXApp

A hedge fund recently bought a new stake in CXApp stock. XTX Topco Ltd acquired a new stake in shares of CXApp Inc. (NASDAQ:CXAI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 38,275 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned 0.19% of CXApp at the end of the most recent reporting period. 14.41% of the stock is currently owned by hedge funds and other institutional investors.

CXApp Trading Up 7.1%

CXApp stock opened at $0.33 on Friday. The firm’s 50-day moving average is $0.48 and its 200-day moving average is $0.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.89 and a current ratio of 0.89. CXApp has a 1 year low of $0.30 and a 1 year high of $2.54. The company has a market cap of $9.51 million, a P/E ratio of -0.56 and a beta of 0.88.

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

About CXApp

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.