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

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 8,600 shares, a drop of 48.8% from the January 31st total of 16,800 shares. Based on an average trading volume of 78,600 shares, the days-to-cover ratio is currently 0.1 days.

Galaxy Gaming Stock Performance

Shares of OTCMKTS GLXZ opened at $2.89 on Friday. The company has a market cap of $72.58 million, a PE ratio of -28.90 and a beta of 1.31. The business has a 50-day simple moving average of $2.79 and a two-hundred day simple moving average of $2.78. Galaxy Gaming has a fifty-two week low of $1.10 and a fifty-two week high of $2.99.

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.