Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Increases By 281.8%

Galaxy Gaming, Inc. (OTCMKTS:GLXZ - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 16,800 shares, a growth of 281.8% from the January 15th total of 4,400 shares. Based on an average daily trading volume, of 123,000 shares, the days-to-cover ratio is presently 0.1 days.

Galaxy Gaming Price Performance

Shares of OTCMKTS GLXZ traded up $0.06 during midday trading on Friday, hitting $2.86. 29,544 shares of the company's stock were exchanged, compared to its average volume of 75,506. Galaxy Gaming has a twelve month low of $1.10 and a twelve month high of $2.99. The company has a market cap of $71.81 million, a PE ratio of -28.60 and a beta of 1.31. The firm's fifty day simple moving average is $2.77 and its 200-day simple moving average is $2.77.

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.