Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Up 1,224.5% in January

Blackboxstocks Inc. (NASDAQ:BLBXGet Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 184,100 shares, an increase of 1,224.5% from the December 31st total of 13,900 shares. Based on an average daily volume of 66,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 10.1% of the shares of the stock are sold short.

Blackboxstocks Stock Up 0.8 %

BLBX stock opened at $3.87 on Wednesday. The stock has a 50-day simple moving average of $2.42 and a two-hundred day simple moving average of $2.50. The firm has a market capitalization of $13.70 million, a PE ratio of -3.99 and a beta of 1.30. Blackboxstocks has a twelve month low of $1.51 and a twelve month high of $6.00.

Institutional Trading of Blackboxstocks

A hedge fund recently bought a new stake in Blackboxstocks stock. Ackerman Capital Advisors LLC purchased a new position in Blackboxstocks Inc. (NASDAQ:BLBXFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,627 shares of the company’s stock, valued at approximately $32,000. Ackerman Capital Advisors LLC owned 0.39% of Blackboxstocks as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 3.58% of the company’s stock.

About Blackboxstocks

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Blackboxstocks Inc develops and markets financial technology and social media hybrid platform. The company offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. Blackboxstocks Inc is headquartered in Dallas, Texas.

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