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

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,600 shares, a growth of 24.4% from the May 31st total of 4,500 shares. Based on an average trading volume of 5,700 shares, the days-to-cover ratio is currently 1.0 days.

Galaxy Gaming Stock Performance

Shares of GLXZ traded down $0.02 on Tuesday, reaching $1.40. The stock had a trading volume of 27,650 shares, compared to its average volume of 42,764. The firm has a market capitalization of $34.87 million, a price-to-earnings ratio of -20.28 and a beta of 1.28. The company has a 50-day simple moving average of $1.46 and a 200-day simple moving average of $1.60. Galaxy Gaming has a 12-month low of $0.55 and a 12-month high of $3.60.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its quarterly earnings results on Friday, May 10th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $8.00 million for 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.