Boxlight Co. (NASDAQ:BOXL) Short Interest Down 15.3% in November

Boxlight Co. (NASDAQ:BOXL) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 92,800 shares, a decline of 15.3% from the November 15th total of 109,600 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 64,900 shares, the days-to-cover ratio is presently 1.4 days.

Boxlight Stock Down 2.3 %

Shares of NASDAQ:BOXL traded down $0.01 during midday trading on Friday, reaching $0.43. The company’s stock had a trading volume of 33,194 shares, compared to its average volume of 58,093. The company has a quick ratio of 1.08, a current ratio of 2.10 and a debt-to-equity ratio of 5.67. The firm has a 50 day moving average of $0.46 and a 200-day moving average of $0.53. The firm has a market capitalization of $4.23 million, a P/E ratio of -0.14 and a beta of 1.32. Boxlight has a 12-month low of $0.38 and a 12-month high of $1.12.

Wall Street Analyst Weigh In

Several research firms have recently commented on BOXL. HC Wainwright reaffirmed a “buy” rating and issued a $1.00 target price on shares of Boxlight in a research report on Thursday, November 14th. Alliance Global Partners lowered 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.