Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Update

Blackboxstocks Inc. (NASDAQ:BLBX – Get Rating) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 52,700 shares, a decrease of 72.6% from the April 30th total of 192,100 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 933,800 shares, the days-to-cover ratio is currently 0.1 days.

Shares of BLBX opened at $1.50 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.99 and a quick ratio of 3.65. The stock has a 50-day moving average of $2.76. Blackboxstocks has a 52 week low of $1.44 and a 52 week high of $8.00.

Blackboxstocks (NASDAQ:BLBX – Get Rating) last released its earnings results on Thursday, March 31st. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.14). As a group, research analysts anticipate that Blackboxstocks will post -0.07 earnings per share for the current fiscal year.

A hedge fund recently bought a new stake in Blackboxstocks stock. Millennium Management LLC bought a new position in shares of Blackboxstocks Inc. (NASDAQ:BLBX – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 28,855 shares of the company’s stock, valued at approximately $103,000. Millennium Management LLC owned approximately 0.27% of Blackboxstocks at the end of the most recent quarter. Institutional investors own 0.84% of the company’s stock.

About Blackboxstocks (Get Rating)

Blackboxstocks Inc develops and markets financial technology and social media hybrid platform. It offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. The company is headquartered in Dallas, Texas.

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