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

Vox Royalty Corp. (NASDAQ:VOXR - Get Free Report) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 72,800 shares, a drop of 40.2% from the March 31st total of 121,700 shares. Based on an average daily volume of 205,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company's stock are short sold.

Hedge Funds Weigh In On Vox Royalty

A number of institutional investors have recently made changes to their positions in the business. Virtu Financial LLC bought a new stake in shares of Vox Royalty in the third quarter worth $44,000. Wealth Enhancement Advisory Services LLC acquired a new position in Vox Royalty during the 4th quarter worth $47,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Vox Royalty in the 1st quarter worth about $50,000. Sprott Inc. acquired a new stake in shares of Vox Royalty in the 4th quarter valued at about $71,000. Finally, Total Wealth Planning & Management Inc. bought a new position in shares of Vox Royalty during the fourth quarter worth about $223,000. 45.95% of the stock is owned by institutional investors and hedge funds.

Vox Royalty Stock Performance

Shares of VOXR stock traded down $0.06 on Friday, hitting $3.14. The stock had a trading volume of 95,530 shares, compared to its average volume of 207,933. The stock's 50 day moving average is $2.87 and its 200-day moving average is $2.67. The firm has a market capitalization of $159.37 million, a price-to-earnings ratio of -104.67 and a beta of 0.46. Vox Royalty has a 52-week low of $1.94 and a 52-week high of $3.57.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.02) earnings per share for the quarter. Vox Royalty had a negative net margin of 14.94% and a negative return on equity of 3.71%. The firm had revenue of $2.90 million during the quarter. Equities analysts expect that Vox Royalty will post -0.01 earnings per share for the current year.

Vox Royalty Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were issued a dividend of $0.0125 per share. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Vox Royalty's previous quarterly dividend of $0.01. This represents a $0.05 annualized dividend and a yield of 1.59%. Vox Royalty's payout ratio is currently -166.67%.

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.