Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Up 24.1% in December

Blackboxstocks Inc. (NASDAQ:BLBX) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 13,900 shares, an increase of 24.1% from the November 30th total of 11,200 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 1.5 days. Currently, 0.8% of the shares of the stock are sold short.

Blackboxstocks Trading Down 9.7 %

Shares of BLBX traded down $0.26 during trading hours on Tuesday, hitting $2.41. 287,223 shares of the stock traded hands, compared to its average volume of 26,759. The business has a fifty day moving average of $2.55 and a 200-day moving average of $2.56. The firm has a market capitalization of $8.53 million, a PE ratio of -2.48 and a beta of 1.25. Blackboxstocks has a 1-year low of $1.51 and a 1-year high of $4.10.

Institutional Investors Weigh In On Blackboxstocks

An institutional investor recently bought a new position in Blackboxstocks stock. Ackerman Capital Advisors LLC acquired a new stake in shares of Blackboxstocks Inc. (NASDAQ:BLBX) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,627 shares of the company’s stock, valued at approximately $32,000. Ackerman Capital Advisors LLC owned 0.39% of Blackboxstocks as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.58% of the company’s stock.

About Blackboxstocks

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