Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Sees Significant Increase in Short Interest

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 16,800 shares, an increase of 281.8% from the January 15th total of 4,400 shares. Based on an average daily trading volume, of 123,000 shares, the short-interest ratio is presently 0.1 days.

Galaxy Gaming Stock Down 0.4 %

Shares of GLXZ traded down $0.01 during mid-day trading on Thursday, reaching $2.80. 32,880 shares of the company’s stock were exchanged, compared to its average volume of 75,506. The company has a 50-day simple moving average of $2.77 and a two-hundred day simple moving average of $2.77. Galaxy Gaming has a 52-week low of $1.10 and a 52-week high of $2.99. The company has a market cap of $70.31 million, a price-to-earnings ratio of -28.00 and a beta of 1.31.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $7.65 million for the quarter.

About Galaxy Gaming

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.