Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Short Interest Update

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 10,500 shares, an increase of 22.1% from the February 13th total of 8,600 shares. Based on an average trading volume of 47,300 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Galaxy Gaming Stock Performance

Shares of OTCMKTS GLXZ traded up $0.02 during midday trading on Wednesday, reaching $2.87. 5,687 shares of the company traded hands, compared to its average volume of 51,672. Galaxy Gaming has a 12 month low of $1.10 and a 12 month high of $2.99. The stock’s 50-day simple moving average is $2.83 and its 200-day simple moving average is $2.78. The firm has a market cap of $72.08 million, a PE ratio of -28.70 and a beta of 1.33.

Galaxy Gaming Company Profile

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.