Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Update

Posted by Xavier Holt on Oct 30th, 2024

Blackboxstocks Inc. (NASDAQ:BLBX – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 22,200 shares, a growth of 8.3% from the September 30th total of 20,500 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Blackboxstocks

An institutional investor recently bought a new position in Blackboxstocks stock. Ackerman Capital Advisors LLC acquired a new position in shares of Blackboxstocks Inc. (NASDAQ:BLBX – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,627 shares of the company’s stock, valued at approximately $32,000. Ackerman Capital Advisors LLC owned about 0.39% of Blackboxstocks at the end of the most recent reporting period. 3.58% of the stock is owned by hedge funds and other institutional investors.

Blackboxstocks Stock Performance

BLBX stock traded up $0.01 during midday trading on Wednesday, hitting $2.97. 514 shares of the company’s stock were exchanged, compared to its average volume of 14,441. Blackboxstocks has a one year low of $1.60 and a one year high of $4.15. The stock’s fifty day moving average price is $2.49 and its 200-day moving average price is $2.66. The company has a market cap of $10.48 million, a PE ratio of -3.09 and a beta of 1.36.

Blackboxstocks (NASDAQ:BLBX – Get Free Report) last issued its quarterly earnings data on Thursday, August 15th. The company reported ($0.27) earnings per share (EPS) for the quarter. Blackboxstocks had a negative net margin of 108.37% and a negative return on equity of 44.90%. The business had revenue of $0.69 million during the quarter.

Blackboxstocks Company Profile

(Get Free Report)

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.