Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Update

Blackboxstocks Inc. (NASDAQ:BLBX) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 11,900 shares, a growth of 105.2% from the August 31st total of 5,800 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 7,700 shares, the short-interest ratio is currently 1.5 days.

Blackboxstocks Trading Up 0.8 %

BLBX stock traded up $0.02 during midday trading on Friday, reaching $2.52. The company had a trading volume of 12,082 shares, compared to its average volume of 14,993. Blackboxstocks has a 1 year low of $1.60 and a 1 year high of $4.15. The company has a market capitalization of $8.87 million, a P/E ratio of -2.21 and a beta of 1.35. The company has a 50 day moving average of $2.36 and a two-hundred day moving average of $2.64.

Blackboxstocks (NASDAQ:BLBX) last released its quarterly earnings results on Thursday, August 15th. The company reported ($0.27) earnings per share for the quarter. The business had revenue of $0.69 million for the quarter. Blackboxstocks had a negative net margin of 108.37% and a negative return on equity of 44.90%.

Insider Buying and Selling

In other news, CEO Gust Kepler acquired 25,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was purchased at an average price of $4.00 per share, with a total value of $100,000.00. Following the purchase, the chief executive officer now owns 598,210 shares of the company’s stock, valued at approximately $2,392,840. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 30.10% of the company’s stock.

Blackboxstocks Company Profile

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