CXApp Inc. (NASDAQ:CXAI) Sees Large Growth in Short Interest

CXApp Inc. (NASDAQ:CXAI) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 3,055,248 shares, an increase of 106.2% from the January 15th total of 1,481,504 shares. Currently, 12.0% of the shares of the company are sold short. Based on an average trading volume of 13,783,325 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 13,783,325 shares, the short-interest ratio is currently 0.2 days. Currently, 12.0% of the shares of the company are sold short.

CXApp Trading Down 0.3%

NASDAQ:CXAI opened at $0.20 on Friday. The company has a market cap of $5.76 million, a P/E ratio of -0.34 and a beta of 0.87. CXApp has a 1 year low of $0.19 and a 1 year high of $1.69. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. The stock’s fifty day moving average price is $0.32 and its two-hundred day moving average price is $0.58.

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

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CXApp in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On CXApp

A number of institutional investors and hedge funds have recently modified their holdings of CXAI. DRW Securities LLC purchased a new position in CXApp during the fourth quarter valued at approximately $44,000. Renaissance Technologies LLC grew its position in shares of CXApp by 110.1% during the 4th quarter. Renaissance Technologies LLC now owns 108,600 shares of the company’s stock valued at $36,000 after purchasing an additional 56,911 shares in the last quarter. Geode Capital Management LLC grew its position in shares of CXApp by 32.0% during the 4th quarter. Geode Capital Management LLC now owns 207,427 shares of the company’s stock valued at $69,000 after purchasing an additional 50,310 shares in the last quarter. XTX Topco Ltd bought a new position in shares of CXApp in the second quarter worth $41,000. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of CXApp by 93.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 25,796 shares of the company’s stock worth $28,000 after buying an additional 12,459 shares in the last quarter. 14.41% of the stock is owned by hedge funds and other institutional investors.

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.