Vox Royalty Corp. (NASDAQ:VOXR) Sees Large Decrease in Short Interest

Vox Royalty Corp. (NASDAQ:VOXR) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 59,000 shares, a decrease of 25.4% from the February 28th total of 79,100 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 156,100 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC acquired a new position in Vox Royalty in the third quarter worth $44,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Vox Royalty in the fourth quarter valued at about $47,000. National Bank of Canada FI acquired a new position in Vox Royalty during the 3rd quarter worth about $52,000. Sprott Inc. acquired a new position in Vox Royalty during the 4th quarter worth about $71,000. Finally, Quadrature Capital Ltd acquired a new stake in Vox Royalty in the 3rd quarter valued at about $152,000. 45.95% of the stock is owned by institutional investors and hedge funds.

Vox Royalty Price Performance

Vox Royalty stock opened at $2.92 on Tuesday. Vox Royalty has a 52-week low of $1.93 and a 52-week high of $3.24. The stock has a fifty day moving average price of $2.53 and a two-hundred day moving average price of $2.64. The firm has a market capitalization of $148.20 million, a P/E ratio of -97.33 and a beta of 0.88.

Vox Royalty (NASDAQ:VOXR) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.02) earnings per share (EPS) for the quarter. Vox Royalty had a negative net margin of 14.94% and a negative return on equity of 3.71%. The firm had revenue of $2.90 million for the quarter. On average, equities research analysts predict that Vox Royalty will post -0.01 EPS for the current fiscal year.

Vox Royalty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a $0.0125 dividend. This is an increase from Vox Royalty’s previous quarterly dividend of $0.01. This represents a $0.05 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Monday, March 31st. Vox Royalty’s payout ratio is presently -166.67%.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.