Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 109,600 shares, an increase of 106.8% from the October 31st total of 53,000 shares. Based on an average trading volume of 56,900 shares, the short-interest ratio is presently 1.9 days. Approximately 1.2% of the shares of the stock are short sold.

Boxlight Stock Performance

Shares of BOXL stock traded down $0.02 during trading hours on Friday, hitting $0.43. The company had a trading volume of 56,601 shares, compared to its average volume of 56,791. The company’s fifty day moving average is $0.47 and its 200 day moving average is $0.55. 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 has a fifty-two week low of $0.39 and a fifty-two week high of $1.13.

Wall Street Analysts Forecast Growth

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

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.