Short Interest in Inpixon (NASDAQ:INPX) Increases By 58.7%

Inpixon (NASDAQ:INPXGet Free Report) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 13,080,000 shares, an increase of 58.7% from the January 15th total of 8,240,000 shares. Based on an average daily trading volume, of 14,140,000 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. acquired a new position in Inpixon during the 3rd quarter valued at about $26,000. Millennium Management LLC acquired a new stake in shares of Inpixon in the 2nd quarter worth approximately $38,000. Renaissance Technologies LLC acquired a new stake in shares of Inpixon in the 1st quarter worth approximately $39,000. Ursa Fund Management LLC acquired a new stake in shares of Inpixon in the 4th quarter worth approximately $62,000. Finally, HRT Financial LP lifted its stake in shares of Inpixon by 154.7% in the 4th quarter. HRT Financial LP now owns 47,930 shares of the technology company’s stock worth $81,000 after acquiring an additional 29,115 shares during the period. 11.70% of the stock is owned by institutional investors and hedge funds.

Inpixon Price Performance

Shares of NASDAQ:INPX opened at $0.05 on Tuesday. The firm has a 50-day simple moving average of $0.06 and a 200 day simple moving average of $0.10. Inpixon has a fifty-two week low of $0.04 and a fifty-two week high of $1.65.

Inpixon (NASDAQ:INPXGet Free Report) last posted its earnings results on Tuesday, November 14th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $2.02 million for the quarter. Inpixon had a negative net margin of 258.48% and a negative return on equity of 462.03%.

About Inpixon

(Get Free Report)

Inpixon, together with its subsidiaries, operates as an indoor intelligence company in the United States, Canada, India, Germany, Philippines, Ireland, the United Kingdom, and internationally. It operates through three segments: Indoor Intelligence, Saves, and Shoom. The Indoor Intelligence segment offers Internet of Things (IoT) software as a service platform that provides industrial IoT space, including enterprise class, multi-technology RTLS IoT platform for industrial automation; RTLS asset tracking hardware, such as end-to-end portfolio of IoT sensors, and tracking tags to track assets or personnel; Inpixon nanoLOC transceiver, a low-power, highly integrated mixed-signal chip; and video integration solution uses IoT analytics data and allows direct integration with leading video management systems and CCTV.

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