Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Decreases By 78.1%

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,300 shares, a decline of 78.1% from the February 28th total of 10,500 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 27,100 shares, the days-to-cover ratio is presently 0.1 days.

Galaxy Gaming Stock Up 0.4 %

GLXZ stock opened at $2.85 on Thursday. Galaxy Gaming has a 52 week low of $1.10 and a 52 week high of $2.99. The company has a market cap of $71.58 million, a price-to-earnings ratio of -28.50 and a beta of 1.33. The business has a fifty day simple moving average of $2.84 and a 200-day simple moving average of $2.79.

Galaxy Gaming (OTCMKTS:GLXZ) last announced its quarterly earnings results on Friday, March 21st. The company reported ($0.03) EPS for the quarter. The business had revenue of $7.57 million during the quarter.

About Galaxy Gaming

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.