VOXX International Co. (NASDAQ:VOXX) Short Interest Update

VOXX International Co. (NASDAQ:VOXX) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 474,500 shares, a decrease of 20.9% from the December 31st total of 599,500 shares. Approximately 9.1% of the company’s stock are sold short. Based on an average daily volume of 217,600 shares, the short-interest ratio is currently 2.2 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on VOXX International in a research report on Wednesday, January 29th. They issued a “hold” rating for the company.

Institutional Trading of VOXX International

A number of institutional investors and hedge funds have recently modified their holdings of VOXX. Well Done LLC grew its stake in VOXX International by 95.2% in the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock valued at $41,110,000 after buying an additional 3,152,500 shares during the last quarter. Tenzing Global Management LLC bought a new stake in VOXX International during the third quarter valued at about $6,201,000. Peapod Lane Capital LLC acquired a new stake in shares of VOXX International in the fourth quarter valued at about $3,632,000. Renaissance Technologies LLC lifted its position in shares of VOXX International by 6.3% during the 2nd quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company’s stock worth $1,333,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of VOXX International by 6.1% during the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock worth $886,000 after purchasing an additional 8,000 shares during the last quarter. 71.00% of the stock is currently owned by institutional investors and hedge funds.

VOXX International Stock Up 0.1 %

VOXX opened at $7.38 on Monday. The firm has a market cap of $166.05 million, a P/E ratio of -6.65 and a beta of 1.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10. The business has a 50 day moving average price of $7.45 and a 200 day moving average price of $6.14. VOXX International has a twelve month low of $2.27 and a twelve month high of $9.24.

About VOXX International

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.