Koss Corporation (NASDAQ:KOSS) Short Interest Update

Koss Corporation (NASDAQ:KOSS) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 142,491 shares, a growth of 44.5% from the December 31st total of 98,633 shares. Based on an average daily volume of 69,095 shares, the short-interest ratio is currently 2.1 days. Currently, 2.7% of the shares of the stock are short sold. Currently, 2.7% of the shares of the stock are short sold. Based on an average daily volume of 69,095 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On Koss

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Two Sigma Investments LP acquired a new position in Koss during the 3rd quarter worth approximately $68,000. Susquehanna International Group LLP bought a new stake in shares of Koss during the third quarter worth $74,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Koss by 118.5% during the third quarter. Dimensional Fund Advisors LP now owns 23,342 shares of the company’s stock worth $119,000 after buying an additional 12,661 shares in the last quarter. 6.21% of the stock is owned by institutional investors.

Koss Stock Performance

Shares of KOSS opened at $4.82 on Tuesday. Koss has a 52-week low of $4.00 and a 52-week high of $8.59. The firm has a market cap of $45.60 million, a price-to-earnings ratio of -60.25 and a beta of 1.50. The business’s fifty day moving average is $4.52 and its 200-day moving average is $5.09.

Koss (NASDAQ:KOSS) last announced its quarterly earnings data on Thursday, January 29th. The company reported ($0.06) earnings per share for the quarter. Koss had a negative return on equity of 2.84% and a negative net margin of 6.81%.The business had revenue of $2.86 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Koss in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Koss Company Profile

Koss Corporation is an American manufacturer of high-fidelity audio equipment, best known for pioneering the first stereo headphone for personal music listening. Headquartered in Milwaukee, Wisconsin, the company designs, markets and sells a range of headphones and earphones for consumer, professional and industrial applications.

The company’s product lineup includes over-ear and on-ear stereo headphones, in-ear monitors, wireless Bluetooth models and noise-cancelling designs. In addition to personal audio devices, Koss offers reference and studio monitoring headphones for broadcast, recording and DJ use.