Gaxos.ai Inc. (NASDAQ:GXAI) Short Interest Up 970.1% in December

Gaxos.ai Inc. (NASDAQ:GXAI) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 775,800 shares, a growth of 970.1% from the November 30th total of 72,500 shares. Based on an average daily volume of 6,810,000 shares, the short-interest ratio is currently 0.1 days. Approximately 22.8% of the company’s shares are short sold.

Gaxos.ai Stock Up 40.4 %

Shares of NASDAQ GXAI traded up $1.03 during mid-day trading on Thursday, hitting $3.58. The stock had a trading volume of 6,495,001 shares, compared to its average volume of 2,283,555. The business has a 50 day moving average price of $1.90 and a two-hundred day moving average price of $2.20. Gaxos.ai has a 1 year low of $1.01 and a 1 year high of $19.20.

About Gaxos.ai

Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.