Koss Co. (NASDAQ:KOSS - Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 421,400 shares, a decline of 13.8% from the September 30th total of 489,000 shares. Based on an average daily volume of 307,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 8.1% of the shares of the company are sold short.
Koss Price Performance
Shares of NASDAQ KOSS traded down $0.29 during mid-day trading on Tuesday, hitting $7.39. The company had a trading volume of 137,552 shares, compared to its average volume of 1,246,719. Koss has a 12 month low of $2.27 and a 12 month high of $18.73. The firm has a market cap of $68.39 million, a P/E ratio of -61.25 and a beta of -0.74. The business's 50-day simple moving average is $7.60 and its 200-day simple moving average is $6.37.
Koss (NASDAQ:KOSS - Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $2.89 million during the quarter. Koss had a negative return on equity of 3.05% and a negative net margin of 7.75%.
Institutional Investors Weigh In On Koss
An institutional investor recently raised its position in Koss stock. Dimensional Fund Advisors LP boosted its holdings in Koss Co. (NASDAQ:KOSS - Free Report) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,958 shares of the company's stock after acquiring an additional 9,813 shares during the quarter. Dimensional Fund Advisors LP owned 1.58% of Koss worth $650,000 at the end of the most recent quarter. 6.21% of the stock is owned by institutional investors.
About Koss
(
Get Free Report)
Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.
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