Short Interest in Blackboxstocks Inc. (NASDAQ:BLBX) Increases By 72.3%

Blackboxstocks Inc. (NASDAQ:BLBX) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 20,500 shares, a growth of 72.3% from the September 15th total of 11,900 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 2.4 days.

Blackboxstocks Trading Up 1.8 %

Shares of BLBX traded up $0.05 during midday trading on Friday, reaching $2.80. 3,441 shares of the stock were exchanged, compared to its average volume of 14,804. The company has a market capitalization of $9.86 million, a P/E ratio of -2.92 and a beta of 1.36. Blackboxstocks has a 52 week low of $1.60 and a 52 week high of $4.15. The company’s 50 day moving average is $2.41 and its two-hundred day moving average is $2.64.

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

About Blackboxstocks

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.