Galaxy Gaming Inc. (OTCMKTS:GLXZ) Sees Significant Increase in Short Interest

Galaxy Gaming Inc. (OTCMKTS:GLXZ) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 12,154 shares, an increase of 139.6% from the May 31st total of 5,073 shares. Based on an average daily trading volume, of 79,792 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Galaxy Gaming Stock Down 0.1%

Shares of OTCMKTS GLXZ traded down $0.00 during midday trading on Tuesday, hitting $1.69. The stock had a trading volume of 2,012 shares, compared to its average volume of 66,213. The company has a market capitalization of $42.79 million, a PE ratio of 8.88 and a beta of 0.41. The stock has a 50 day simple moving average of $1.80 and a 200-day simple moving average of $2.10. Galaxy Gaming has a 1 year low of $1.42 and a 1 year high of $3.00.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its quarterly earnings results on Friday, March 27th. The company reported $0.06 EPS for the quarter. Galaxy Gaming had a negative return on equity of 26.72% and a net margin of 15.85%.The firm had revenue of $8.24 million during the quarter.

About Galaxy Gaming

Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.

The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.