Short Interest in Boxlight Co. (NASDAQ:BOXL) Expands By 45.7%

Boxlight Co. (NASDAQ:BOXL) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 62,800 shares, an increase of 45.7% from the August 15th total of 43,100 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is currently 1.9 days. Currently, 0.7% of the shares of the stock are sold short.

Boxlight Price Performance

Shares of Boxlight stock opened at $0.45 on Monday. The stock has a market capitalization of $4.45 million, a P/E ratio of -0.10 and a beta of 1.28. The business has a 50 day simple moving average of $0.53 and a two-hundred day simple moving average of $0.63. Boxlight has a 12 month low of $0.43 and a 12 month high of $2.32. The company has a debt-to-equity ratio of 4.96, a current ratio of 2.21 and a quick ratio of 1.23.

Boxlight (NASDAQ:BOXL) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.18) EPS for the quarter, beating the consensus estimate of ($0.37) by $0.19. Boxlight had a negative return on equity of 111.63% and a negative net margin of 26.81%. The firm had revenue of $38.51 million during the quarter, compared to the consensus estimate of $44.51 million. During the same period in the prior year, the company earned ($0.12) EPS. As a group, analysts predict that Boxlight will post -1.26 EPS for the current fiscal year.

Boxlight Company Profile

Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company provides interactive and non-interactive flat panel displays and whiteboards, LED video walls, digital signages, classroom audio and campus communication, cameras and other peripherals, and media players; and accessory document cameras, teacher pads for remote control, assessment systems, and front-of-class display products under the Mimio and Clevertouch brands.