VOXX International Co. (NASDAQ:VOXX) Short Interest Down 22.0% in January

VOXX International Co. (NASDAQ:VOXXGet Free Report) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 370,200 shares, a decline of 22.0% from the January 15th total of 474,500 shares. Based on an average trading volume of 233,100 shares, the days-to-cover ratio is presently 1.6 days. Approximately 7.1% of the company’s shares are sold short.

Institutional Investors Weigh In On VOXX International

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Well Done LLC raised its position in shares of VOXX International by 95.2% in the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after acquiring an additional 3,152,500 shares in the last quarter. Tenzing Global Management LLC bought a new position in shares of VOXX International in the 3rd quarter worth $6,201,000. State Street Corp raised its position in shares of VOXX International by 5.4% in the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock worth $333,000 after acquiring an additional 2,700 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of VOXX International in the 3rd quarter worth $142,000. Finally, Empowered Funds LLC raised its position in shares of VOXX International by 40.7% in the 3rd quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock worth $637,000 after acquiring an additional 28,982 shares in the last quarter. 71.00% of the stock is owned by institutional investors.

VOXX International Trading Up 0.1 %

Shares of NASDAQ VOXX opened at $7.47 on Friday. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $7.41 and a two-hundred day simple moving average of $6.45. The firm has a market cap of $168.08 million, a PE ratio of -6.73 and a beta of 1.23. VOXX International has a twelve month low of $2.27 and a twelve month high of $9.22.

VOXX International (NASDAQ:VOXXGet Free Report) last issued its earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on VOXX International in a report on Friday. They set a “hold” rating for the company.

View Our Latest Report on VOXX International

About VOXX International

(Get Free Report)

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.

Further Reading

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