CXApp Inc. (NASDAQ:CXAI) Short Interest Down 30.1% in February

CXApp Inc. (NASDAQ:CXAI) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,000,000 shares, a decline of 30.1% from the February 13th total of 1,430,000 shares. Currently, 6.7% of the company’s shares are short sold. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of CXApp

Several large investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of CXApp by 11.8% during the fourth quarter. Geode Capital Management LLC now owns 137,913 shares of the company’s stock worth $251,000 after purchasing an additional 14,601 shares during the period. Two Sigma Securities LLC grew its stake in shares of CXApp by 120.6% in the 4th quarter. Two Sigma Securities LLC now owns 27,554 shares of the company’s stock worth $50,000 after acquiring an additional 15,064 shares in the last quarter. XTX Topco Ltd bought a new stake in CXApp in the 4th quarter worth about $42,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of CXApp by 59,992.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,849 shares of the company’s stock worth $54,000 after buying an additional 31,796 shares during the last quarter. 14.41% of the stock is currently owned by institutional investors and hedge funds.

CXApp Stock Up 2.5 %

NASDAQ CXAI traded up $0.03 during trading hours on Monday, hitting $1.02. 179,302 shares of the company’s stock were exchanged, compared to its average volume of 3,077,538. CXApp has a 1-year low of $0.88 and a 1-year high of $7.07. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25. The stock has a 50-day simple moving average of $1.51 and a 200 day simple moving average of $1.62.

CXApp Company Profile

CXApp Inc provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, such as workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, wayfinding, and navigation.