Gaxos.ai Inc. (NASDAQ:GXAI) Short Interest Update

Gaxos.ai Inc. (NASDAQ:GXAI) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 767,300 shares, a growth of 2,509.9% from the October 31st total of 29,400 shares. Approximately 46.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,830,000 shares, the days-to-cover ratio is presently 0.4 days.

Gaxos.ai Stock Down 2.4 %

Shares of GXAI opened at $1.22 on Friday. Gaxos.ai has a 1 year low of $1.01 and a 1 year high of $19.20. The business’s 50 day simple moving average is $1.44 and its 200-day simple moving average is $2.34.

Gaxos.ai Company Profile

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.