Short Interest in Boxlight Co. (NASDAQ:BOXL) Drops By 10.0%

Boxlight Co. (NASDAQ:BOXL) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 72,500 shares, a decrease of 10.0% from the December 15th total of 80,600 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 3,930,000 shares, the short-interest ratio is currently 0.0 days.

Boxlight Stock Up 1.6 %

Shares of BOXL traded up $0.01 during midday trading on Friday, reaching $0.91. 282,969 shares of the stock were exchanged, compared to its average volume of 12,527,543. The company has a current ratio of 2.10, a quick ratio of 1.08 and a debt-to-equity ratio of 5.67. The company has a market capitalization of $8.95 million, a P/E ratio of -0.29 and a beta of 1.35. The company’s 50 day moving average is $0.53 and its two-hundred day moving average is $0.51. Boxlight has a 52 week low of $0.30 and a 52 week high of $2.13.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Alliance Global Partners downgraded shares of Boxlight from a “buy” rating to a “neutral” rating in a report on Thursday, November 14th. HC Wainwright reiterated a “buy” rating and set a $1.00 price objective on shares of Boxlight in a report on Thursday, November 14th.

About Boxlight

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.