Vox Royalty Corp. (NASDAQ:VOXR) Sees Large Increase in Short Interest

Vox Royalty Corp. (NASDAQ:VOXR) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 68,100 shares, a growth of 39.5% from the March 31st total of 48,800 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 72,000 shares, the short-interest ratio is currently 0.9 days.

Vox Royalty Price Performance

NASDAQ:VOXR opened at $2.12 on Friday. Vox Royalty has a 1-year low of $1.70 and a 1-year high of $3.02. The business’s fifty day moving average price is $2.00 and its 200 day moving average price is $1.99.

Vox Royalty (NASDAQ:VOXR) last issued its 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 company had revenue of $3.00 million for the quarter. Analysts predict that Vox Royalty will post -0.02 earnings per share for the current fiscal year.

Vox Royalty Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a $0.012 dividend. 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 2.26%. The ex-dividend date of this dividend was Wednesday, March 27th. Vox Royalty’s dividend payout ratio is presently -500.00%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. increased its position in Vox Royalty by 15.3% in the 4th quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock worth $194,000 after purchasing an additional 12,459 shares during the last quarter. Sprott Inc. acquired a new position in shares of Vox Royalty during the 3rd quarter valued at about $42,000. Meixler Investment Management Ltd. increased its holdings in shares of Vox Royalty by 42.1% during the 3rd quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company’s stock valued at $361,000 after acquiring an additional 52,900 shares during the last quarter. Euro Pacific Asset Management LLC acquired a new position in shares of Vox Royalty during the 3rd quarter valued at about $118,000. Finally, Ancora Advisors LLC acquired a new position in shares of Vox Royalty during the 3rd quarter valued at about $471,000. 45.95% of the stock is owned by institutional investors and hedge funds.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.