Vox Royalty Corp. (NASDAQ:VOXR) Sees Large Decrease in Short Interest
by Renee Jackson · The Cerbat GemVox Royalty Corp. (NASDAQ:VOXR – Get Free Report) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 667,661 shares, a decline of 25.4% from the December 31st total of 895,177 shares. Based on an average daily trading volume, of 592,045 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the shares of the stock are sold short. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 592,045 shares, the short-interest ratio is currently 1.1 days.
Institutional Investors Weigh In On Vox Royalty
A number of hedge funds have recently bought and sold shares of VOXR. State of Alaska Department of Revenue purchased a new stake in shares of Vox Royalty during the fourth quarter worth approximately $64,000. Tectonic Advisors LLC increased its position in shares of Vox Royalty by 27.2% in the 4th quarter. Tectonic Advisors LLC now owns 195,417 shares of the company’s stock valued at $926,000 after purchasing an additional 41,808 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Vox Royalty by 34.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 19,608 shares of the company’s stock valued at $93,000 after purchasing an additional 5,013 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Vox Royalty during the 4th quarter worth $61,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Vox Royalty by 51.3% during the third quarter. JPMorgan Chase & Co. now owns 34,135 shares of the company’s stock worth $147,000 after purchasing an additional 11,571 shares in the last quarter. Institutional investors and hedge funds own 45.95% of the company’s stock.
Vox Royalty Trading Down 4.4%
NASDAQ VOXR traded down $0.24 during trading hours on Friday, reaching $5.27. The company had a trading volume of 999,545 shares, compared to its average volume of 655,929. The company has a current ratio of 3.35, a quick ratio of 3.35 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $360.28 million, a P/E ratio of -131.75 and a beta of 0.36. The stock has a 50-day moving average of $5.02 and a 200 day moving average of $4.21. Vox Royalty has a 1-year low of $2.21 and a 1-year high of $5.88.
Vox Royalty Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.0125 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.05 dividend on an annualized basis and a yield of 0.9%. Vox Royalty’s dividend payout ratio is -125.00%.
Analyst Upgrades and Downgrades
Several analysts have issued reports on VOXR shares. Wall Street Zen cut Vox Royalty from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vox Royalty in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Get Our Latest Analysis on Vox Royalty
About Vox Royalty
Vox Royalty Corp. is a mining royalty and streaming company that acquires interest in precious and base metal projects around the world. By investing in royalty and metal stream agreements, the company provides non-dilutive financing to exploration and mining operators in exchange for a percentage of production revenue or metal offtake. This model allows Vox Royalty to build a steady cash-flow profile without the operational risks and capital expenditures associated with direct mine ownership.
Since its founding in 2018 and subsequent listing on the TSX Venture Exchange, Vox Royalty has assembled a diversified portfolio of royalty and stream interests covering gold, silver, copper, zinc, nickel and other battery metals.