Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Increases By 146.3%

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 10,100 shares, an increase of 146.3% from the August 31st total of 4,100 shares. Based on an average trading volume of 102,900 shares, the days-to-cover ratio is currently 0.1 days.

Galaxy Gaming Stock Performance

Shares of GLXZ opened at $2.77 on Friday. The stock has a 50-day moving average price of $2.79 and a 200-day moving average price of $1.92. The company has a market cap of $69.13 million, a PE ratio of -39.57 and a beta of 1.31. Galaxy Gaming has a 12-month low of $0.55 and a 12-month high of $2.99.

Galaxy Gaming (OTCMKTS:GLXZ) last released its earnings results on Friday, August 9th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $8.52 million during 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.