Blackboxstocks Inc. (NASDAQ:BLBX) Short Interest Update

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

Blackboxstocks Stock Up 0.3 %

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

Blackboxstocks (NASDAQ:BLBX) last announced its quarterly earnings results on Thursday, August 15th. The company reported ($0.27) EPS for the quarter. The company had revenue of $0.69 million during the quarter. Blackboxstocks had a negative net margin of 108.37% and a negative return on equity of 44.90%.

Institutional Trading of Blackboxstocks

An institutional investor recently bought a new position in Blackboxstocks stock. Ackerman Capital Advisors LLC bought a new position in shares of Blackboxstocks Inc. (NASDAQ:BLBX) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 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 quarter. Institutional investors and hedge funds 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.