Short Interest in Boxlight Co. (NASDAQ:BOXL) Increases By 106.8%

Boxlight Co. (NASDAQ:BOXL) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 109,600 shares, a growth of 106.8% from the October 31st total of 53,000 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 56,900 shares, the short-interest ratio is currently 1.9 days.

Analyst Upgrades and Downgrades

Several research analysts have commented on BOXL shares. HC Wainwright reissued a “buy” rating and set a $1.00 price objective on shares of Boxlight in a report on Thursday, November 14th. Alliance Global Partners cut shares of Boxlight from a “buy” rating to a “neutral” rating in a research report on Thursday, November 14th.

Boxlight Stock Down 4.7 %

Shares of NASDAQ BOXL traded down $0.02 during mid-day trading on Friday, hitting $0.43. The company had a trading volume of 56,633 shares, compared to its average volume of 56,791. The company has a debt-to-equity ratio of 5.67, a current ratio of 2.10 and a quick ratio of 1.08. The company has a market capitalization of $4.24 million, a PE ratio of -0.14 and a beta of 1.32. The business’s 50-day simple moving average is $0.47 and its 200 day simple moving average is $0.55. Boxlight has a 1-year low of $0.39 and a 1-year high of $1.13.

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.