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

Key Points

• Vox Royalty Corp. experienced a significant increase in short interest, growing by 637.8% in July, bringing the total to 819,000 shares as of July 15th.
• For the latest quarter, Vox Royalty reported a loss of ($0.01) earnings per share, which missed analyst expectations, alongside revenues of $2.68 million versus a projected $3.50 million.
• The company recently declared a quarterly dividend of $0.0125 per share, which reflects an annualized yield of 1.6% despite a negative payout ratio of -125%.

Vox Royalty Corp. (NASDAQ:VOXR - Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 819,000 shares, anincreaseof637.8% from the June 30th total of 111,000 shares. Based on an average daily volume of 441,600 shares, the short-interest ratio is presently 1.9 days. Currently,1.9% of the shares of the stock are sold short. Currently,1.9% of the shares of the stock are sold short. Based on an average daily volume of 441,600 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On Vox Royalty

A number of institutional investors and hedge funds have recently modified their holdings of VOXR. Ancora Advisors LLC grew its holdings in Vox Royalty by 1.1% during the fourth quarter. Ancora Advisors LLC now owns 419,086 shares of the company's stock valued at $981,000 after purchasing an additional 4,638 shares during the period. Ridgewood Investments LLC acquired a new position in Vox Royalty during the second quarter valued at approximately $44,000. Caitlin John LLC acquired a new position in Vox Royalty during the second quarter valued at approximately $47,000. Oppenheimer Asset Management Inc. acquired a new position in Vox Royalty during the first quarter valued at approximately $50,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Vox Royalty in the fourth quarter valued at approximately $47,000. 45.95% of the stock is owned by institutional investors.

Vox Royalty Trading Down 0.3%

VOXR stock traded down $0.01 during trading on Tuesday, hitting $3.19. 143,177 shares of the stock traded hands, compared to its average volume of 296,937. Vox Royalty has a one year low of $2.21 and a one year high of $3.79. The stock has a market cap of $161.86 million, a price-to-earnings ratio of -79.73 and a beta of 0.32. The company has a 50 day simple moving average of $3.36 and a 200 day simple moving average of $3.00.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $2.68 million for the quarter, compared to the consensus estimate of $3.50 million. Vox Royalty had a negative net margin of 16.30% and a negative return on equity of 4.05%. As a group, analysts predict that Vox Royalty will post -0.01 earnings per share for the current fiscal year.

Vox Royalty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 14th. Investors of record on Monday, June 30th were paid a dividend of $0.0125 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 30th. Vox Royalty's payout ratio is -125.00%.

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.