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

Vox Royalty Corp. (NASDAQ:VOXR) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 59,000 shares, a decline of 25.4% from the February 28th total of 79,100 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 156,100 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Vox Royalty

A number of hedge funds have recently made changes to their positions in VOXR. Ancora Advisors LLC boosted its position in Vox Royalty by 1.1% during the 4th quarter. Ancora Advisors LLC now owns 419,086 shares of the company’s stock worth $981,000 after purchasing an additional 4,638 shares during the period. Virtu Financial LLC purchased a new stake in shares of Vox Royalty in the third quarter worth about $44,000. National Bank of Canada FI purchased a new stake in shares of Vox Royalty in the third quarter worth about $52,000. Meixler Investment Management Ltd. grew its stake in shares of Vox Royalty by 9.7% in the fourth quarter. Meixler Investment Management Ltd. now owns 220,787 shares of the company’s stock valued at $517,000 after buying an additional 19,487 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Vox Royalty during the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 45.95% of the company’s stock.

Vox Royalty Trading Down 1.7 %

NASDAQ VOXR opened at $2.91 on Monday. The company has a market capitalization of $147.64 million, a PE ratio of -97.00 and a beta of 0.88. The business’s 50-day moving average price is $2.52 and its 200 day moving average price is $2.63. Vox Royalty has a twelve month low of $1.93 and a twelve month high of $3.24.

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

Vox Royalty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.0125 per share. The ex-dividend date is Monday, March 31st. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.72%. This is a boost from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s payout ratio is presently -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.