CXApp Inc. (NASDAQ:CXAI) Short Interest Down 40.0% in February

CXApp Inc. (NASDAQ:CXAI) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 1,290,798 shares, a decline of 40.0% from the February 12th total of 2,149,875 shares. Approximately 5.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,613,928 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 1,613,928 shares, the short-interest ratio is presently 0.8 days. Approximately 5.1% of the company’s shares are sold short.

CXApp Stock Up 15.2%

Shares of NASDAQ CXAI traded up $0.03 on Friday, hitting $0.25. The company had a trading volume of 150,285,338 shares, compared to its average volume of 8,889,382. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.43. CXApp has a 12-month low of $0.16 and a 12-month high of $1.49. The firm has a market capitalization of $7.25 million, a P/E ratio of -0.43 and a beta of 0.95. The business has a 50 day moving average of $0.25 and a two-hundred day moving average of $0.48.

Institutional Trading of CXApp

Several large investors have recently bought and sold shares of CXAI. Renaissance Technologies LLC lifted its position in shares of CXApp by 110.1% during the fourth quarter. Renaissance Technologies LLC now owns 108,600 shares of the company’s stock worth $36,000 after purchasing an additional 56,911 shares in the last quarter. XTX Topco Ltd acquired a new stake in CXApp during the 2nd quarter valued at $41,000. DRW Securities LLC purchased a new stake in CXApp during the 4th quarter worth $44,000. Virtu Financial LLC acquired a new position in CXApp in the 4th quarter worth $46,000. Finally, Geode Capital Management LLC lifted its holdings in CXApp by 32.0% in the 4th quarter. Geode Capital Management LLC now owns 207,427 shares of the company’s stock worth $69,000 after buying an additional 50,310 shares in the last quarter. Institutional investors and hedge funds own 14.41% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.