Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Increases By 146.3%

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 10,100 shares, an increase of 146.3% from the August 31st total of 4,100 shares. Based on an average daily volume of 102,900 shares, the days-to-cover ratio is presently 0.1 days.

Galaxy Gaming Stock Performance

Shares of GLXZ opened at $2.77 on Friday. The business has a 50-day moving average of $2.79 and a 200 day moving average of $1.92. Galaxy Gaming has a fifty-two week low of $0.55 and a fifty-two week high of $2.99. The firm has a market cap of $69.13 million, a P/E ratio of -39.57 and a beta of 1.31.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its earnings results on Friday, August 9th. The company reported $0.01 EPS for the quarter. The company had revenue of $8.52 million during the quarter.

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.