Boxlight Co. (NASDAQ:BOXL) Short Interest Down 13.1% in December

Boxlight Co. (NASDAQ:BOXL) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 80,600 shares, a drop of 13.1% from the November 30th total of 92,800 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 72,100 shares, the days-to-cover ratio is currently 1.1 days.

Boxlight Stock Down 1.0 %

NASDAQ:BOXL traded down $0.00 during mid-day trading on Tuesday, reaching $0.39. The stock had a trading volume of 87,039 shares, compared to its average volume of 59,755. 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 $3.81 million, a price-to-earnings ratio of -0.12 and a beta of 1.32. Boxlight has a 1-year low of $0.30 and a 1-year high of $1.09. The stock’s 50 day simple moving average is $0.44 and its two-hundred day simple moving average is $0.50.

Wall Street Analyst Weigh In

BOXL has been the topic of a number of recent analyst reports. Alliance Global Partners lowered Boxlight from a “buy” rating to a “neutral” rating in a research report on Thursday, November 14th. HC Wainwright reaffirmed a “buy” rating and issued a $1.00 price target on shares of Boxlight in a 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.