Vox Royalty Corp. (NASDAQ:VOXR) Short Interest Up 39.5% in April

Vox Royalty Corp. (NASDAQ:VOXR) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 68,100 shares, a growth of 39.5% from the March 31st total of 48,800 shares. Based on an average trading volume of 72,000 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s shares are short sold.

Vox Royalty Stock Performance

Shares of NASDAQ:VOXR opened at $2.12 on Friday. The business has a 50-day moving average of $2.00 and a two-hundred day moving average of $1.99. Vox Royalty has a 12 month low of $1.70 and a 12 month high of $3.02.

Vox Royalty (NASDAQ:VOXR) last posted its earnings results on Thursday, March 7th. The company reported $0.01 earnings per share for the quarter. Vox Royalty had a negative net margin of 0.81% and a positive return on equity of 1.85%. The business had revenue of $3.00 million for the quarter. As a group, equities research analysts anticipate that Vox Royalty will post -0.02 EPS for the current year.

Vox Royalty Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were paid a $0.012 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.26%. This is a positive change from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s dividend payout ratio (DPR) is -500.00%.

Hedge Funds Weigh In On Vox Royalty

Several hedge funds and other institutional investors have recently bought and sold shares of VOXR. ORG Partners LLC raised its stake in shares of Vox Royalty by 25.3% during the fourth quarter. ORG Partners LLC now owns 12,416,551 shares of the company’s stock valued at $25,578,000 after purchasing an additional 2,505,801 shares during the period. Sanders Morris Harris LLC acquired a new position in Vox Royalty in the 1st quarter worth $3,450,000. Ancora Advisors LLC purchased a new position in Vox Royalty in the 3rd quarter valued at about $471,000. Meixler Investment Management Ltd. grew its stake in shares of Vox Royalty by 42.1% during the third quarter. Meixler Investment Management Ltd. now owns 178,699 shares of the company’s stock valued at $361,000 after acquiring an additional 52,900 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Vox Royalty by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock worth $194,000 after acquiring an additional 12,459 shares during the last quarter. 45.95% of the stock is owned by institutional investors and hedge funds.

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.