CXApp Inc. (NASDAQ:CXAI) Short Interest Down 31.6% in December

CXApp Inc. (NASDAQ:CXAI) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,097,284 shares, a drop of 31.6% from the December 15th total of 1,604,790 shares. Currently, 4.3% of the shares of the company are short sold. Based on an average daily volume of 1,501,332 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 1,501,332 shares, the days-to-cover ratio is presently 0.7 days. Currently, 4.3% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CXApp in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CXApp presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On CXApp

A hedge fund recently raised its stake in CXApp stock. Vanguard Personalized Indexing Management LLC boosted its position in CXApp Inc. (NASDAQ:CXAI) by 93.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,796 shares of the company’s stock after purchasing an additional 12,459 shares during the period. Vanguard Personalized Indexing Management LLC owned about 0.13% of CXApp worth $28,000 as of its most recent filing with the Securities & Exchange Commission. 14.41% of the stock is owned by hedge funds and other institutional investors.

CXApp Stock Performance

Shares of NASDAQ:CXAI traded up $0.01 on Friday, reaching $0.30. The company’s stock had a trading volume of 514,515 shares, compared to its average volume of 1,488,708. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. CXApp has a 52-week low of $0.28 and a 52-week high of $2.03. The stock’s 50-day moving average is $0.41 and its two-hundred day moving average is $0.69. The stock has a market capitalization of $8.45 million, a P/E ratio of -0.50 and a beta of 0.87.

CXApp (NASDAQ:CXAI) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.09. CXApp had a negative return on equity of 78.32% and a negative net margin of 227.71%.The firm had revenue of $1.11 million during the quarter, compared to the consensus estimate of $1.30 million.

About CXApp

CXApp Holdings, Inc develops and delivers workplace experience software designed to help enterprises manage hybrid work environments and improve employee engagement. Its flagship platform provides a mobile-first digital workplace companion that integrates space management, wayfinding, service requests, and communications. By combining Internet of Things (IoT) connectivity and data-driven insights, the platform enables organizations to optimize real estate, enhance operational efficiency, and support health and safety protocols.

The CXApp platform offers a suite of features tailored to employees, visitors, and facilities teams.