Boxlight Corporation (NASDAQ:BOXL) Short Interest Update

Boxlight Corporation (NASDAQ:BOXL) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 79,080 shares, a growth of 68.5% from the August 31st total of 46,940 shares. Currently, 14.0% of the company’s shares are sold short. Based on an average daily trading volume, of 69,833 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Boxlight in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Boxlight currently has a consensus rating of “Sell”.

Boxlight Stock Performance

NASDAQ:BOXL opened at $4.77 on Thursday. The stock has a market cap of $4.01 million, a price-to-earnings ratio of -0.06 and a beta of 0.90. Boxlight has a one year low of $2.59 and a one year high of $96.84. The company has a debt-to-equity ratio of 26.20, a quick ratio of 0.44 and a current ratio of 0.94. The business’s 50-day simple moving average is $4.98 and its 200 day simple moving average is $5.32.

Boxlight (NASDAQ:BOXL) last announced its earnings results 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

Boxlight Corporation (NASDAQ: BOXL) is an education technology company that develops and distributes classroom technology and digital learning solutions. Its offerings are designed to support interactive instruction, collaboration, content delivery and classroom management for schools and other learning environments.

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