EMX Royalty Co. (NYSEAMERICAN:EMX) Sees Large Decrease in Short Interest

EMX Royalty Co. (NYSEAMERICAN:EMXGet Rating) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 189,800 shares, a decrease of 17.9% from the May 15th total of 231,200 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 145,000 shares, the short-interest ratio is currently 1.3 days.

Large investors have recently bought and sold shares of the stock. Sprott Inc. raised its holdings in EMX Royalty by 21.0% in the fourth quarter. Sprott Inc. now owns 4,010,660 shares of the company’s stock valued at $9,082,000 after acquiring an additional 697,046 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in EMX Royalty by 145.6% in the fourth quarter. Renaissance Technologies LLC now owns 81,471 shares of the company’s stock valued at $185,000 after acquiring an additional 48,305 shares during the period. Advisor Group Holdings Inc. raised its stake in shares of EMX Royalty by 441.0% during the 1st quarter. Advisor Group Holdings Inc. now owns 83,848 shares of the company’s stock worth $182,000 after buying an additional 68,348 shares during the last quarter. Virtu Financial LLC raised its stake in shares of EMX Royalty by 127.4% during the 4th quarter. Virtu Financial LLC now owns 54,798 shares of the company’s stock worth $124,000 after buying an additional 30,697 shares during the last quarter. Finally, Morgan Stanley raised its stake in shares of EMX Royalty by 165.6% during the 2nd quarter. Morgan Stanley now owns 39,943 shares of the company’s stock worth $119,000 after buying an additional 24,902 shares during the last quarter.

Shares of NYSEAMERICAN EMX traded down $0.06 during midday trading on Friday, reaching $1.87. 45,497 shares of the company’s stock traded hands, compared to its average volume of 147,590. EMX Royalty has a one year low of $1.72 and a one year high of $3.17.

EMX Royalty (NYSEAMERICAN:EMXGet Rating) last released its quarterly earnings data on Thursday, March 31st. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $1.89 million during the quarter.

Separately, HC Wainwright restated a “buy” rating and set a $4.25 target price on shares of EMX Royalty in a research report on Wednesday, May 18th.

EMX Royalty Company Profile (Get Rating)

EMX Royalty Corporation, together with its subsidiaries, engages in the exploring for, and generating royalties from, metals and minerals properties. It explores for gold, silver, platinum, palladium, copper, lead, zinc, nickel, cobalt, volcanogenic massive sulfide, molybdenum, and iron deposits. The company's royalty and exploration portfolio primarily consist of properties in North America, Turkey, Europe, Australia, New Zealand, South America, as well as Sweden, and Norway.

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