CXApp Inc. (NASDAQ:CXAI) Short Interest Update

CXApp Inc. (NASDAQ:CXAI) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,181,907 shares, an increase of 146.5% from the February 26th total of 1,290,798 shares. Currently, 12.5% of the company’s shares are sold short. Based on an average daily trading volume, of 30,014,238 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On CXApp

Several institutional investors and hedge funds have recently made changes to their positions in the business. Virtu Financial LLC acquired a new stake in CXApp during the fourth quarter worth approximately $46,000. DRW Securities LLC acquired a new position in CXApp in the fourth quarter valued at approximately $44,000. Renaissance Technologies LLC boosted its holdings in shares of CXApp by 110.1% during the 4th quarter. Renaissance Technologies LLC now owns 108,600 shares of the company’s stock worth $36,000 after buying an additional 56,911 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 worth $69,000 after buying an additional 50,310 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of CXApp during the 2nd quarter worth approximately $41,000. Institutional investors own 14.41% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CXApp in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, CXApp presently has a consensus rating of “Sell”.

CXApp Trading Down 11.4%

NASDAQ CXAI traded down $0.02 during mid-day trading on Friday, reaching $0.19. 3,681,913 shares of the stock were exchanged, compared to its average volume of 10,107,014. The stock has a market cap of $5.53 million, a P/E ratio of -0.33 and a beta of 0.95. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. CXApp has a one year low of $0.16 and a one year high of $1.49. The stock has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.46.

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.