Vox Royalty Corp. (NASDAQ:VOXR) Short Interest Down 25.4% in March

Vox Royalty Corp. (NASDAQ:VOXR) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 59,000 shares, a decline of 25.4% from the February 28th total of 79,100 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 156,100 shares, the days-to-cover ratio is currently 0.4 days.

Vox Royalty Stock Down 1.7 %

NASDAQ VOXR opened at $2.91 on Monday. The firm has a market cap of $147.64 million, a P/E ratio of -97.00 and a beta of 0.88. Vox Royalty has a 52-week low of $1.93 and a 52-week high of $3.24. The business’s 50-day moving average price is $2.52 and its 200 day moving average price is $2.63.

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

Vox Royalty Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a dividend of $0.0125 per share. This represents a $0.05 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Monday, March 31st. This is a positive change from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s dividend payout ratio is currently -166.67%.

Hedge Funds Weigh In On Vox Royalty

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stifel Financial Corp increased its holdings in Vox Royalty by 18.9% in the third quarter. Stifel Financial Corp now owns 888,466 shares of the company’s stock valued at $2,683,000 after buying an additional 141,230 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Vox Royalty by 5.1% in the 4th quarter. Renaissance Technologies LLC now owns 596,472 shares of the company’s stock worth $1,396,000 after acquiring an additional 29,172 shares during the period. Ancora Advisors LLC increased its stake in Vox Royalty by 1.1% in the 4th quarter. Ancora Advisors LLC now owns 419,086 shares of the company’s stock valued at $981,000 after purchasing an additional 4,638 shares in the last quarter. Meixler Investment Management Ltd. increased its stake in Vox Royalty by 9.7% in the 4th quarter. Meixler Investment Management Ltd. now owns 220,787 shares of the company’s stock valued at $517,000 after purchasing an additional 19,487 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in Vox Royalty by 1,353.1% during the fourth quarter. Marshall Wace LLP now owns 212,158 shares of the company’s stock worth $496,000 after purchasing an additional 197,558 shares during the last quarter. 45.95% of the stock is owned by institutional investors and hedge funds.

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.