Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Short Interest Down 38.0% in October

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 4,400 shares, a decline of 38.0% from the September 30th total of 7,100 shares. Based on an average trading volume of 34,300 shares, the short-interest ratio is presently 0.1 days.

Galaxy Gaming Price Performance

OTCMKTS:GLXZ remained flat at $2.69 during mid-day trading on Tuesday. The company had a trading volume of 4,284 shares, compared to its average volume of 49,276. The firm has a market capitalization of $67.13 million, a PE ratio of -38.43 and a beta of 1.30. Galaxy Gaming has a 12-month low of $0.55 and a 12-month high of $2.99. The company has a 50-day moving average of $2.78 and a 200 day moving average of $2.12.

Galaxy Gaming (OTCMKTS:GLXZ) last announced its earnings results on Friday, August 9th. The company reported $0.01 EPS for the quarter. The business 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.