BOXABL Inc. (NASDAQ:BXBL) Short Interest Up 60.9% in July

BOXABL Inc. (NASDAQ:BXBLGet Free Report) saw a large increase in short interest in 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 days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

BOXABL Stock Performance

Shares of BXBL traded down $0.16 during midday trading on Tuesday, hitting $4.14. The company had a trading volume of 132,926 shares, compared to its average volume of 169,376. BOXABL has a 1 year low of $3.18 and a 1 year high of $15.14. The stock has a market capitalization of $998.80 million, a PE ratio of 414.50 and a beta of 0.46.

About BOXABL

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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.

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