GreenBox POS (NASDAQ:GBOX) Sees Large Decrease in Short Interest

GreenBox POS (NASDAQ:GBOXGet Rating) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 967,500 shares, a decline of 7.9% from the August 15th total of 1,050,000 shares. Based on an average trading volume of 2,650,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 5.3% of the shares of the company are sold short.

Institutional Trading of GreenBox POS

Several hedge funds have recently added to or reduced their stakes in the company. CVI Holdings LLC acquired a new stake in GreenBox POS during the 2nd quarter worth approximately $109,000. Millennium Management LLC acquired a new stake in GreenBox POS during the 2nd quarter worth approximately $213,000. Virtu Financial LLC acquired a new stake in GreenBox POS during the 2nd quarter worth approximately $67,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in GreenBox POS by 5.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 645,264 shares of the company’s stock worth $2,723,000 after purchasing an additional 35,120 shares during the last quarter. Finally, State Street Corp lifted its holdings in GreenBox POS by 8.8% during the 1st quarter. State Street Corp now owns 963,475 shares of the company’s stock worth $4,066,000 after purchasing an additional 78,177 shares during the last quarter. 8.86% of the stock is owned by institutional investors and hedge funds.

GreenBox POS Stock Performance

Shares of NASDAQ GBOX opened at $1.04 on Tuesday. The company has a current ratio of 2.17, a quick ratio of 2.16 and a debt-to-equity ratio of 1.49. GreenBox POS has a 12 month low of $0.72 and a 12 month high of $10.00. The stock has a 50 day moving average of $1.05 and a 200-day moving average of $2.13. The company has a market capitalization of $46.75 million, a P/E ratio of -1.82 and a beta of 4.22.

GreenBox POS (NASDAQ:GBOXGet Rating) last issued its earnings results on Monday, August 15th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.04). GreenBox POS had a negative return on equity of 47.50% and a negative net margin of 88.73%. The business had revenue of $6.97 million for the quarter, compared to the consensus estimate of $4.94 million. As a group, equities research analysts predict that GreenBox POS will post -0.85 EPS for the current year.

GreenBox POS Company Profile

(Get Rating)

GreenBox POS, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions. Its blockchain-based systems facilitate, record, and store a volume of tokenized assets, representing cash or data, on a blockchain-based ledger. The company's products include QuickCard Payment System, a physical and virtual cash management system, including software that facilitates deposits, cash, and e-wallet management; point of sale solutions comprising software and hardware; and Loopz software solution, a mobile delivery service operations management solution with automated dispatch functionality.

See Also

Receive News & Ratings for GreenBox POS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GreenBox POS and related companies with MarketBeat.com's FREE daily email newsletter.