Gaxos.ai Inc. (NASDAQ:GXAI) Sees Large Growth in Short Interest

Gaxos.ai Inc. (NASDAQ:GXAI) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 767,300 shares, an increase of 2,509.9% from the October 31st total of 29,400 shares. Based on an average daily trading volume, of 1,830,000 shares, the short-interest ratio is presently 0.4 days. Approximately 46.0% of the shares of the company are sold short.

Gaxos.ai Trading Down 2.4 %

Shares of NASDAQ GXAI opened at $1.22 on Thursday. Gaxos.ai has a twelve month low of $1.01 and a twelve month high of $19.20. The stock has a 50 day moving average of $1.49 and a two-hundred day moving average of $2.36.

About Gaxos.ai

Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.