Short Interest in Blackboxstocks Inc. (NASDAQ:BLBX) Grows By 217.8%

Blackboxstocks Inc. (NASDAQ:BLBX) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 167,800 shares, a growth of 217.8% from the February 28th total of 52,800 shares. Based on an average daily trading volume, of 3,980,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 10.6% of the shares of the company are short sold.

Blackboxstocks Price Performance

BLBX stock opened at $3.49 on Friday. The company has a market cap of $12.36 million, a P/E ratio of -3.60 and a beta of 1.36. Blackboxstocks has a 1 year low of $1.51 and a 1 year high of $6.00. The stock’s fifty day moving average price is $3.39 and its 200-day moving average price is $2.79.

Blackboxstocks (NASDAQ:BLBX) last announced its earnings results on Friday, March 21st. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.24). Blackboxstocks had a negative return on equity of 49.32% and a negative net margin of 115.49%. The firm had revenue of $0.59 million during the quarter, compared to analysts’ expectations of $0.80 million.

Blackboxstocks Company Profile

Blackboxstocks Inc develops and markets financial technology and social media hybrid platform. The company offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. Blackboxstocks Inc is headquartered in Dallas, Texas.