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Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Rises By 26.5%

Galaxy Gaming logo with Consumer Discretionary background

Galaxy Gaming, Inc. (OTCMKTS:GLXZ - Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 4,300 shares, a growth of 26.5% from the April 30th total of 3,400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 34,400 shares, the days-to-cover ratio is currently 0.1 days.

Galaxy Gaming Stock Performance

Shares of OTCMKTS GLXZ traded up $0.01 during trading on Friday, hitting $2.80. The company had a trading volume of 20,884 shares, compared to its average volume of 45,143. The company has a market cap of $70.64 million, a P/E ratio of -27.97 and a beta of 0.93. Galaxy Gaming has a 52 week low of $1.31 and a 52 week high of $2.99. The business's 50-day moving average is $2.80 and its 200 day moving average is $2.80.

Galaxy Gaming (OTCMKTS:GLXZ - Get Free Report) last posted its quarterly earnings results on Friday, March 21st. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $7.57 million during the quarter.

About Galaxy Gaming

(Get Free Report)

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.

Further Reading

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