Koss Co. (NASDAQ:KOSS) Short Interest Down 19.2% in November

Koss Co. (NASDAQ:KOSS) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 330,800 shares, a decline of 19.2% from the October 31st total of 409,300 shares. Currently, 6.3% of the company’s stock are short sold. Based on an average daily volume of 218,400 shares, the short-interest ratio is currently 1.5 days.

Koss Trading Down 2.3 %

Shares of KOSS traded down $0.17 during trading hours on Monday, hitting $7.07. The company had a trading volume of 55,046 shares, compared to its average volume of 1,139,728. The company’s fifty day moving average price is $7.21 and its two-hundred day moving average price is $7.07. Koss has a one year low of $2.27 and a one year high of $18.73. The company has a market capitalization of $66.10 million, a PE ratio of -60.33 and a beta of -0.67.

Koss (NASDAQ:KOSS) last announced its earnings results on Thursday, August 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Koss had a negative net margin of 9.20% and a negative return on equity of 3.58%. The business had revenue of $2.89 million for the quarter.

Institutional Trading of Koss

An institutional investor recently raised its position in Koss stock. Dimensional Fund Advisors LP lifted its stake in Koss Co. (NASDAQ:KOSS) by 7.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 145,958 shares of the company’s stock after buying an additional 9,813 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.58% of Koss worth $650,000 as of its most recent SEC filing. 6.21% of the stock is currently owned by institutional investors.

Koss Company Profile

Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.