Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 80,600 shares, a drop of 13.1% from the November 30th total of 92,800 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 72,100 shares, the days-to-cover ratio is currently 1.1 days.

Boxlight Price Performance

BOXL stock traded up $0.04 during mid-day trading on Friday, hitting $0.41. The stock had a trading volume of 163,240 shares, compared to its average volume of 59,352. The firm has a fifty day simple moving average of $0.44 and a 200 day simple moving average of $0.50. The firm has a market capitalization of $4.01 million, a P/E ratio of -0.13 and a beta of 1.32. The company has a current ratio of 2.10, a quick ratio of 1.08 and a debt-to-equity ratio of 5.67. Boxlight has a 52 week low of $0.30 and a 52 week high of $1.12.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. HC Wainwright reiterated a “buy” rating and issued a $1.00 price target on shares of Boxlight in a research note on Thursday, November 14th. Alliance Global Partners downgraded Boxlight from a “buy” rating to a “neutral” rating in a research 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.