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

Vox Royalty Corp. (NASDAQ:VOXR) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 57,400 shares, an increase of 80.5% from the August 15th total of 31,800 shares. Based on an average daily volume of 240,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Vox Royalty

Hedge funds have recently modified their holdings of the stock. XTX Topco Ltd purchased a new position in Vox Royalty during the second quarter worth approximately $95,000. Renaissance Technologies LLC boosted its position in Vox Royalty by 53.0% during the second quarter. Renaissance Technologies LLC now owns 191,500 shares of the company’s stock worth $530,000 after purchasing an additional 66,319 shares in the last quarter. ORG Partners LLC purchased a new position in Vox Royalty during the second quarter worth approximately $34,372,000. Russell Investments Group Ltd. boosted its position in Vox Royalty by 11.9% during the first quarter. Russell Investments Group Ltd. now owns 105,268 shares of the company’s stock worth $220,000 after purchasing an additional 11,208 shares in the last quarter. Finally, Sanders Morris Harris LLC purchased a new position in Vox Royalty during the first quarter worth approximately $3,450,000. Hedge funds and other institutional investors own 45.95% of the company’s stock.

Vox Royalty Price Performance

Vox Royalty stock traded up $0.01 during trading hours on Friday, hitting $2.72. 209,132 shares of the stock traded hands, compared to its average volume of 211,703. The firm’s 50 day moving average price is $2.73 and its 200-day moving average price is $2.36. The stock has a market capitalization of $137.03 million, a price-to-earnings ratio of 272.27 and a beta of 0.99. Vox Royalty has a 1 year low of $1.70 and a 1 year high of $3.04.

Vox Royalty (NASDAQ:VOXR) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $2.84 million for the quarter. Vox Royalty had a return on equity of 2.06% and a net margin of 0.44%. Research analysts forecast that Vox Royalty will post -0.01 earnings per share for the current fiscal year.

Vox Royalty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Friday, September 27th will be paid a $0.012 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.76%. Vox Royalty’s payout ratio is 500.50%.

About Vox Royalty

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.