Short Interest in Vox Royalty Corp. (NASDAQ:VOXR) Rises By 112.2%

Vox Royalty Corp. (NASDAQ:VOXR) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 55,600 shares, a growth of 112.2% from the February 29th total of 26,200 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Vox Royalty

A number of institutional investors have recently made changes to their positions in VOXR. Renaissance Technologies LLC bought a new position in Vox Royalty in the first quarter valued at $44,000. Sprott Inc. purchased a new position in shares of Vox Royalty in the 3rd quarter worth about $42,000. Citadel Advisors LLC bought a new position in shares of Vox Royalty during the 4th quarter valued at about $86,000. Walleye Capital LLC purchased a new position in shares of Vox Royalty during the 2nd quarter valued at about $138,000. Finally, Euro Pacific Asset Management LLC bought a new stake in Vox Royalty in the 3rd quarter worth approximately $118,000. Institutional investors own 45.95% of the company’s stock.

Vox Royalty Stock Performance

Vox Royalty stock opened at $2.08 on Thursday. The stock has a market cap of $104.21 million, a P/E ratio of -208.00 and a beta of 0.88. Vox Royalty has a fifty-two week low of $1.70 and a fifty-two week high of $3.16. The firm’s fifty day moving average price is $1.92 and its 200-day moving average price is $2.00.

Vox Royalty (NASDAQ:VOXR) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.01 earnings per share for the quarter. Vox Royalty had a positive return on equity of 1.85% and a negative net margin of 0.81%. The firm had revenue of $3.00 million for the quarter. Sell-side analysts predict that Vox Royalty will post -0.02 earnings per share for the current year.

Vox Royalty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Friday, March 29th will be given a dividend of $0.012 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from Vox Royalty’s previous quarterly dividend of $0.01. This represents a $0.05 annualized dividend and a yield of 2.31%. Vox Royalty’s payout ratio is presently -400.00%.

About Vox Royalty

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 62 royalties and streaming assets, as well as 2 royalty options. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, the United States, Madagascar, the Cayman Islands, and Nigeria.