BOXABL Inc. (NASDAQ:BXBL) Sees Significant Increase in Short Interest

BOXABL Inc. (NASDAQ:BXBL – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 435,619 shares, an increase of 60.9% from the July 15th total of 270,787 shares. Based on an average daily volume of 888,029 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

BOXABL Stock Down 8.7%

Shares of BOXABL stock traded down $0.41 on Monday, reaching $4.30. 229,071 shares of the company traded hands, compared to its average volume of 169,756. BOXABL has a 52 week low of $3.18 and a 52 week high of $15.14. The company has a market capitalization of $1.04 billion, a P/E ratio of 430.00 and a beta of 0.44.

About BOXABL

(Get Free Report)

BOXABL Inc develops factory-built modular building systems designed to reduce the time, labor and transportation costs associated with traditional construction. The company’s patented folding technology allows its room-sized building modules to fit within standard highway, rail and shipping dimensions before being transported and unfolded at the installation site.

BOXABL’s flagship product is the Casita, a 361-square-foot studio unit equipped with a full kitchen, bathroom, living area and utility connections.

See Also

• Five stocks we like better than BOXABL
• Commodities Are Booming, But These 3 ETFs Tell Different Stories
• 3 Active ETFs Making Big Moves in August
• This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
• Birkenstock Beats the Skeptics—But Not on EPS