Vox Royalty Corp. (NASDAQ:VOXR) Short Interest Down 85.4% in August

Vox Royalty Corp. (NASDAQ:VOXR) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 31,800 shares, a decline of 85.4% from the July 31st total of 217,500 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 258,900 shares, the short-interest ratio is currently 0.1 days.

Vox Royalty Price Performance

Vox Royalty stock traded up $0.03 during midday trading on Thursday, hitting $2.76. 202,673 shares of the company were exchanged, compared to its average volume of 159,945. The company’s fifty day moving average price is $2.72 and its 200-day moving average price is $2.30. The company has a market cap of $139.05 million, a PE ratio of 273.27 and a beta of 1.01. Vox Royalty has a fifty-two week low of $1.70 and a fifty-two week high of $3.04.

Vox Royalty (NASDAQ:VOXR) last released its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The firm had revenue of $2.84 million for the quarter. Vox Royalty had a return on equity of 2.06% and a net margin of 0.44%. On average, analysts expect that Vox Royalty will post -0.01 EPS for the current fiscal year.

Vox Royalty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be given a $0.012 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Friday, September 27th. Vox Royalty’s payout ratio is 500.50%.

Hedge Funds Weigh In On Vox Royalty

A number of institutional investors have recently made changes to their positions in the business. ORG Partners LLC acquired a new position in shares of Vox Royalty in the 2nd quarter valued at approximately $34,372,000. Sanders Morris Harris LLC bought a new stake in shares of Vox Royalty in the 1st quarter valued at approximately $3,450,000. Renaissance Technologies LLC increased its holdings in shares of Vox Royalty by 53.0% in the 2nd quarter. Renaissance Technologies LLC now owns 191,500 shares of the company’s stock valued at $530,000 after acquiring an additional 66,319 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Vox Royalty by 11.9% in the 1st quarter. Russell Investments Group Ltd. now owns 105,268 shares of the company’s stock valued at $220,000 after acquiring an additional 11,208 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Vox Royalty in the 2nd quarter valued at approximately $95,000. 45.95% of the stock is owned by institutional investors and hedge funds.

About Vox Royalty

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.