Boxlight Corporation (NASDAQ:BOXL) Shares Shorted: Short Interest Down 56.0% in September

Boxlight Corporation (NASDAQ:BOXL – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 34,772 shares, a decline of 56.0% from the September 15th total of 79,080 shares. Based on an average daily trading volume, of 42,752 shares, the days-to-cover ratio is presently 0.8 days. Approximately 4.9% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Boxlight in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Get Our Latest Research Report on Boxlight

Boxlight Trading Down 2.7%

BOXL stock traded down $0.09 during midday trading on Thursday, hitting $3.30. The stock had a trading volume of 21,154 shares, compared to its average volume of 921,665. Boxlight has a 52 week low of $2.59 and a 52 week high of $69.84. The stock has a 50-day simple moving average of $5.08 and a 200 day simple moving average of $5.10. The firm has a market capitalization of $2.79 million, a price-to-earnings ratio of -0.04 and a beta of 0.91.

Boxlight (NASDAQ:BOXL – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($20.16) by $20.50. The business had revenue of $25.92 million during the quarter, compared to analyst estimates of $30.85 million.

Boxlight Company Profile

(Get Free Report)

Boxlight Corporation (NASDAQ: BOXL) is an educational technology company that provides hardware, software and services designed to support interactive learning and collaboration. Its solutions are used in classrooms, training environments and other presentation settings by schools, businesses and government organizations.

The company’s product portfolio includes interactive flat-panel displays, interactive projectors, classroom audio systems, cameras, document cameras, presentation equipment and related accessories.

Further Reading

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