Vox Royalty Corp. (NASDAQ:VOXR) Sees Significant Growth in Short Interest

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

Hedge Funds Weigh In On Vox Royalty

Several institutional investors have recently modified their holdings of VOXR. ORG Partners LLC purchased a new stake in Vox Royalty in the third quarter worth approximately $20,020,000. Ancora Advisors LLC bought a new position in shares of Vox Royalty during the 3rd quarter valued at $471,000. Manatuck Hill Partners LLC purchased a new position in Vox Royalty in the 2nd quarter worth $362,000. Meixler Investment Management Ltd. bought a new stake in Vox Royalty in the fourth quarter worth $164,000. Finally, Euro Pacific Asset Management LLC bought a new position in shares of Vox Royalty during the third quarter valued at about $118,000. 45.95% of the stock is currently owned by institutional investors.

Vox Royalty Price Performance

Shares of VOXR opened at $2.06 on Friday. Vox Royalty has a 1-year low of $1.70 and a 1-year high of $3.16. The company has a market capitalization of $103.20 million, a P/E ratio of -206.00 and a beta of 0.88. The firm’s 50 day simple moving average is $1.92 and its 200 day simple moving average is $2.00.

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

Vox Royalty Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Friday, March 29th will be issued a $0.012 dividend. This is a boost from Vox Royalty’s previous quarterly dividend of $0.01. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Wednesday, March 27th. Vox Royalty’s dividend 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 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.