Short Interest in Inpixon (NASDAQ:INPX) Increases By 36.9%

Inpixon (NASDAQ:INPXGet Rating) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 12,730,000 shares, a growth of 36.9% from the June 30th total of 9,300,000 shares. Based on an average daily trading volume, of 4,480,000 shares, the short-interest ratio is presently 2.8 days.

Inpixon Stock Performance

Shares of NASDAQ:INPX opened at $0.15 on Monday. The company has a fifty day moving average of $0.15 and a 200-day moving average of $0.26. The company has a market capitalization of $23.53 million, a PE ratio of -0.21 and a beta of 1.65. Inpixon has a 52-week low of $0.12 and a 52-week high of $1.09.

Inpixon (NASDAQ:INPXGet Rating) last announced its quarterly earnings results on Monday, May 16th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $5.23 million for the quarter. Inpixon had a negative return on equity of 30.14% and a negative net margin of 415.77%.

Institutional Trading of Inpixon

A number of institutional investors and hedge funds have recently bought and sold shares of INPX. GSA Capital Partners LLP acquired a new stake in Inpixon in the first quarter valued at $51,000. Renaissance Technologies LLC acquired a new stake in Inpixon in the first quarter valued at $39,000. Finally, State Street Corp increased its holdings in Inpixon by 16.4% in the first quarter. State Street Corp now owns 380,320 shares of the technology company’s stock valued at $99,000 after purchasing an additional 53,521 shares during the period. 27.14% of the stock is currently owned by institutional investors and hedge funds.

Inpixon Company Profile

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Inpixon, together with its subsidiaries, provides solutions and technologies worldwide. The company operated through three segments: Indoor Intelligence, Saves, and Shoom. The Indoor Intelligence segment offers smart office app provide a frictionless work environment; executive briefing centers, an omni-channel software platform provides a virtual briefing platform allowing organizations to offer a personalized experience for in-office, remote, and hybrid meetings; events, offers a mobile first and virtual event platform to connect remote and in person audiences in a fully branded, end to end event experience; inpixon mapping solution which provides users with the tools to add intelligence to complex indoor spaces; augmented reality and 3D allow businesses to scan a space and attach AR content persistently to any position; analytics and insights, a cloud-based analytics platform allows data from multiple sensors and data sources to be visualized for action by the operator; and on-device positioning solution enables a smartphone's precise location to be displayed to a user in a mobile app.

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