Short Interest in Galaxy Gaming Inc. (OTCMKTS:GLXZ) Expands By 139.6%

Galaxy Gaming Inc. (OTCMKTS:GLXZGet Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 12,154 shares, a growth of 139.6% from the May 31st total of 5,073 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 79,792 shares, the short-interest ratio is presently 0.2 days.

Galaxy Gaming Stock Performance

Shares of OTCMKTS:GLXZ traded down $0.04 during midday trading on Wednesday, reaching $1.65. The company had a trading volume of 2,535 shares, compared to its average volume of 65,696. The company has a fifty day simple moving average of $1.79 and a two-hundred day simple moving average of $2.09. The firm has a market cap of $41.83 million, a price-to-earnings ratio of 8.68 and a beta of 0.41. Galaxy Gaming has a 1-year low of $1.42 and a 1-year high of $3.00.

About Galaxy Gaming

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Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.

The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.

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