Galaxy Gaming Inc. (OTCMKTS:GLXZ) Short Interest Down 62.3% in May

Galaxy Gaming Inc. (OTCMKTS:GLXZGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,455 shares, a decrease of 62.3% from the April 30th total of 14,465 shares. Based on an average daily volume of 100,196 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Galaxy Gaming Stock Performance

Shares of GLXZ stock opened at $1.80 on Friday. The company’s 50-day moving average is $1.81 and its 200 day moving average is $2.24. Galaxy Gaming has a one year low of $1.42 and a one year high of $3.00. The company has a market capitalization of $45.64 million, a price-to-earnings ratio of 9.47 and a beta of 0.43.

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

About Galaxy Gaming

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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.

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