Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Update

by · The Markets Daily

Blackboxstocks Inc. (NASDAQ:BLBX – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 184,100 shares, an increase of 1,224.5% from the December 15th total of 13,900 shares. Currently, 10.1% of the shares of the company are sold short. Based on an average daily volume of 66,000 shares, the short-interest ratio is presently 2.8 days.

Blackboxstocks Price Performance

Shares of Blackboxstocks stock traded up $0.01 during trading hours on Monday, reaching $1.90. The company had a trading volume of 17,504 shares, compared to its average volume of 48,313. Blackboxstocks has a one year low of $1.51 and a one year high of $4.10. The business has a fifty day simple moving average of $2.40 and a 200 day simple moving average of $2.50. The firm has a market cap of $6.72 million, a PE ratio of -1.96 and a beta of 1.30.

Hedge Funds Weigh In On Blackboxstocks

A hedge fund recently bought a new stake in Blackboxstocks stock. Ackerman Capital Advisors LLC purchased a new position in Blackboxstocks Inc. (NASDAQ:BLBX – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,627 shares of the company’s stock, valued at approximately $32,000. Ackerman Capital Advisors LLC owned 0.39% of Blackboxstocks at the end of the most recent reporting period. 3.58% of the stock is currently owned by institutional investors and hedge funds.

About Blackboxstocks

(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.

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