Koss Co. (NASDAQ:KOSS) Short Interest Down 19.2% in November

Koss Co. (NASDAQ:KOSS) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 330,800 shares, a decrease of 19.2% from the October 31st total of 409,300 shares. Based on an average trading volume of 218,400 shares, the short-interest ratio is presently 1.5 days. Currently, 6.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Koss stock. Geode Capital Management LLC raised its position in shares of Koss Co. (NASDAQ:KOSS) by 2.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,211 shares of the company’s stock after buying an additional 1,744 shares during the period. Geode Capital Management LLC owned about 0.65% of Koss worth $452,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 6.21% of the company’s stock.

Koss Trading Down 2.3 %

Koss stock traded down $0.17 during mid-day trading on Monday, hitting $7.07. The company’s stock had a trading volume of 55,046 shares, compared to its average volume of 1,139,728. The firm has a market capitalization of $66.10 million, a PE ratio of -60.33 and a beta of -0.67. Koss has a 1 year low of $2.27 and a 1 year high of $18.73. The stock’s fifty day moving average is $7.21 and its two-hundred day moving average is $7.07.

Koss (NASDAQ:KOSS) last released its quarterly earnings results on Thursday, August 29th. The company reported ($0.01) EPS for the quarter. Koss had a negative return on equity of 3.58% and a negative net margin of 9.20%. The firm had revenue of $2.89 million for the quarter.

Koss Company Profile

Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.