Boxlight Corporation (NASDAQ:BOXL) Short Interest Update

Boxlight Corporation (NASDAQ:BOXL) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 79,080 shares, an increase of 68.5% from the August 31st total of 46,940 shares. Approximately 14.0% of the company’s shares are sold short. Based on an average daily volume of 69,833 shares, the short-interest ratio is currently 1.1 days.

Boxlight Trading Up 1.0%

BOXL traded up $0.05 during trading on Wednesday, hitting $4.80. 1,316 shares of the company’s stock were exchanged, compared to its average volume of 972,999. Boxlight has a 1 year low of $2.59 and a 1 year high of $96.84. The stock has a 50 day moving average price of $4.96 and a 200 day moving average price of $5.35. The firm has a market cap of $4.06 million, a P/E ratio of -0.06 and a beta of 0.90. The company has a current ratio of 0.94, a quick ratio of 0.44 and a debt-to-equity ratio of 26.20.

Boxlight (NASDAQ:BOXL) last issued its earnings results on Wednesday, August 12th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of ($20.16) by $20.50. The business had revenue of $25.92 million during the quarter, compared to analysts’ expectations of $30.85 million.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Boxlight in a research report on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Boxlight presently has an average rating of “Sell”.

About Boxlight

Boxlight Corporation (NASDAQ: BOXL) is an education technology company that develops and distributes classroom technology and digital learning solutions. Its offerings are designed to support interactive instruction, collaboration, content delivery and classroom management for schools and other learning environments.

The company’s product portfolio includes interactive flat-panel displays, interactive projectors, touch boards, document cameras, classroom audio systems and related presentation hardware.