Boxlight Corporation (NASDAQ:BOXL) Short Interest Update

Boxlight Corporation (NASDAQ:BOXL) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 190,555 shares, a growth of 34.2% from the March 15th total of 141,952 shares. Based on an average daily trading volume, of 1,164,711 shares, the short-interest ratio is presently 0.2 days. Approximately 21.4% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BOXL. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Boxlight in a report on Wednesday, April 8th. Wall Street Zen downgraded Boxlight from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Boxlight Trading Down 5.0%

Shares of Boxlight stock opened at $1.14 on Wednesday. Boxlight has a 12-month low of $0.95 and a 12-month high of $60.90. The stock has a market cap of $1.08 million, a PE ratio of -0.01 and a beta of 0.94. The company has a 50-day moving average of $1.32 and a two-hundred day moving average of $4.27.

Boxlight (NASDAQ:BOXL) last issued its earnings results on Monday, April 13th. The company reported ($10.52) earnings per share (EPS) for the quarter. The business had revenue of $26.63 million for the quarter.

Hedge Funds Weigh In On Boxlight

A number of hedge funds have recently made changes to their positions in the stock. Scientech Research LLC acquired a new position in shares of Boxlight during the 3rd quarter valued at $33,000. Cary Street Partners Financial LLC acquired a new position in shares of Boxlight in the 3rd quarter valued at about $72,000. Finally, Anson Funds Management LP acquired a new position in shares of Boxlight in the 3rd quarter valued at about $802,000. Institutional investors and hedge funds own 6.49% of the company’s stock.

Boxlight Company Profile

Boxlight Corporation (NASDAQ: BOXL) is a technology company specializing in interactive display solutions and collaborative learning systems. The company designs, manufactures and distributes a range of hardware and software products aimed at enhancing engagement in educational and corporate environments. Boxlight’s portfolio includes interactive flat-panel displays, digital whiteboards, ultra-short-throw projectors and touch-enabled accessories that facilitate hands-on instruction and group collaboration.

Complementing its hardware offerings, Boxlight provides proprietary software platforms such as ClassFlow, which enable cloud-based lesson delivery, real-time assessment and content management.