BOXABL Inc. (NASDAQ:BXBL – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 435,619 shares, an increase of 60.9% from the July 15th total of 270,787 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 888,029 shares, the days-to-cover ratio is presently 0.5 days.
BOXABL Trading Down 8.7%
BOXABL stock traded down $0.41 during midday trading on Monday, reaching $4.30. 229,071 shares of the stock were exchanged, compared to its average volume of 169,756. BOXABL has a 52 week low of $3.18 and a 52 week high of $15.14. The firm has a market capitalization of $1.04 billion, a PE ratio of 430.00 and a beta of 0.44.
BOXABL Company Profile
BOXABL Inc develops factory-built modular building systems designed to reduce the time, labor and transportation costs associated with traditional construction. The company’s patented folding technology allows its room-sized building modules to fit within standard highway, rail and shipping dimensions before being transported and unfolded at the installation site.
BOXABL’s flagship product is the Casita, a 361-square-foot studio unit equipped with a full kitchen, bathroom, living area and utility connections.
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