VOXX International Co. (NASDAQ:VOXX) Short Interest Update

VOXX International Co. (NASDAQ:VOXX) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 660,800 shares, a decline of 26.0% from the November 30th total of 892,400 shares. Approximately 12.7% of the shares of the stock are sold short. Based on an average trading volume of 185,100 shares, the short-interest ratio is presently 3.6 days.

Institutional Trading of VOXX International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC bought a new position in shares of VOXX International in the 2nd quarter worth $44,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of VOXX International in the second quarter valued at approximately $63,000. Marshall Wace LLP purchased a new stake in shares of VOXX International during the second quarter valued at approximately $67,000. Dynamic Technology Lab Private Ltd bought a new stake in VOXX International during the third quarter worth $142,000. Finally, Squarepoint Ops LLC purchased a new position in VOXX International in the second quarter worth $130,000. 71.00% of the stock is owned by institutional investors.

VOXX International Price Performance

VOXX stock opened at $7.31 on Monday. The company has a market capitalization of $164.51 million, a P/E ratio of -6.59 and a beta of 1.21. VOXX International has a 52-week low of $2.27 and a 52-week high of $11.31. The company has a fifty day moving average price of $7.45 and a 200-day moving average price of $5.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10.

VOXX International (NASDAQ:VOXX) last posted its quarterly earnings data on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. The company had revenue of $92.49 million during the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on VOXX International in a research note on Saturday. They set a “hold” rating on the stock.

VOXX International Company Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.