Boxlight Co. (NASDAQ:BOXL) Short Interest Update

Boxlight Co. (NASDAQ:BOXL) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 92,800 shares, a decrease of 15.3% from the November 15th total of 109,600 shares. Based on an average trading volume of 64,900 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.0% of the company’s shares are short sold.

Boxlight Stock Down 5.8 %

NASDAQ:BOXL traded down $0.03 on Monday, hitting $0.41. The stock had a trading volume of 22,089 shares, compared to its average volume of 57,869. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.08 and a current ratio of 2.10. The stock has a market cap of $3.98 million, a P/E ratio of -0.13 and a beta of 1.32. Boxlight has a 1 year low of $0.38 and a 1 year high of $1.12. The firm’s fifty day simple moving average is $0.46 and its two-hundred day simple moving average is $0.53.

Wall Street Analyst Weigh In

A number of brokerages have commented on BOXL. HC Wainwright reaffirmed a “buy” rating and set a $1.00 price target on shares of Boxlight in a research 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.

About Boxlight

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.