Galaxy Next Generation, Inc. (OTCMKTS:GAXY) Short Interest Up 274.5% in August

Galaxy Next Generation, Inc. (OTCMKTS:GAXY) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 268,900 shares, a growth of 274.5% from the August 15th total of 71,800 shares. Based on an average daily trading volume, of 34,322,300 shares, the days-to-cover ratio is currently 0.0 days.

Shares of OTCMKTS GAXY traded down $0.00 during mid-day trading on Thursday, reaching $0.01. 27,921,917 shares of the company’s stock traded hands, compared to its average volume of 40,784,113. The business has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.02. Galaxy Next Generation has a 1-year low of $0.01 and a 1-year high of $0.28.

Galaxy Next Generation Company Profile

Galaxy Next Generation, Inc is a holding company, which engages in manufacturer and distributor of interactive learning technologies and enhanced audio solutions. The company was founded by Steven Whitten in 1991 and is headquartered in Toccoa, GA.

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