Vox Royalty Corp. (NASDAQ:VOXR) Short Interest Down 58.0% in October

Vox Royalty Corp. (NASDAQ:VOXR) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 38,800 shares, a drop of 58.0% from the September 30th total of 92,400 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 201,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in shares of Vox Royalty by 11.9% during the first quarter. Russell Investments Group Ltd. now owns 105,268 shares of the company’s stock valued at $220,000 after buying an additional 11,208 shares during the period. XTX Topco Ltd purchased a new position in shares of Vox Royalty during the 2nd quarter worth $95,000. Renaissance Technologies LLC lifted its stake in shares of Vox Royalty by 53.0% during the 2nd quarter. Renaissance Technologies LLC now owns 191,500 shares of the company’s stock worth $530,000 after purchasing an additional 66,319 shares during the period. Finally, ORG Partners LLC boosted its holdings in shares of Vox Royalty by 7.6% during the third quarter. ORG Partners LLC now owns 13,347,465 shares of the company’s stock worth $40,309,000 after purchasing an additional 938,814 shares during the last quarter. 45.95% of the stock is currently owned by hedge funds and other institutional investors.

Vox Royalty Price Performance

Vox Royalty stock opened at $3.05 on Monday. The stock’s 50 day moving average price is $2.85 and its 200 day moving average price is $2.57. The company has a market cap of $153.72 million, a PE ratio of 152.50 and a beta of 1.00. Vox Royalty has a 1-year low of $1.70 and a 1-year high of $3.24.

Vox Royalty (NASDAQ:VOXR) last issued its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). Vox Royalty had a net margin of 0.44% and a return on equity of 2.06%. The company had revenue of $2.84 million during the quarter. On average, equities research analysts anticipate that Vox Royalty will post -0.01 EPS for the current fiscal year.

Vox Royalty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 27th were paid a $0.012 dividend. This represents a $0.05 annualized dividend and a yield of 1.57%. The ex-dividend date was Friday, September 27th.

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.