Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) was the recipient of a significant drop in short interest during 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. Based on an average daily trading volume, of 72,100 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the shares of the company are short sold.

Wall Street Analyst Weigh In

BOXL has been the topic of several analyst reports. Alliance Global Partners downgraded Boxlight from a “buy” rating to a “neutral” rating in a research note on Thursday, November 14th. HC Wainwright reissued a “buy” rating and set a $1.00 price objective on shares of Boxlight in a report on Thursday, November 14th.

Boxlight Trading Down 2.6 %

Shares of NASDAQ:BOXL traded down $0.01 during trading on Tuesday, reaching $0.38. 87,055 shares of the stock were exchanged, compared to its average volume of 59,755. The firm’s 50-day moving average price is $0.44 and its 200 day moving average price is $0.50. The firm has a market cap of $3.75 million, a price-to-earnings ratio of -0.12 and a beta of 1.32. Boxlight has a 12-month low of $0.30 and a 12-month high of $1.09. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.08 and a current ratio of 2.10.

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.