VOXX International Co. (NASDAQ:VOXX) Short Interest Down 26.0% in December

VOXX International Co. (NASDAQ:VOXX - Get Free Report) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 660,800 shares, a drop of 26.0% from the November 30th total of 892,400 shares. Currently, 12.7% of the shares of the stock are sold short. Based on an average daily volume of 185,100 shares, the short-interest ratio is presently 3.6 days.

VOXX International Stock Performance

NASDAQ:VOXX remained flat at $7.29 during trading hours on Friday. 284,332 shares of the company's stock were exchanged, compared to its average volume of 811,165. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10. The firm has a market cap of $164.06 million, a price-to-earnings ratio of -6.57 and a beta of 1.21. VOXX International has a 52 week low of $2.27 and a 52 week high of $11.31. The stock has a fifty day moving average of $7.45 and a 200-day moving average of $5.37.

VOXX International (NASDAQ:VOXX - Get Free Report) last released its quarterly earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%. The firm had revenue of $92.49 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on VOXX International in a research note on Saturday. They set a "hold" rating for the company.

Hedge Funds Weigh In On VOXX International

Several hedge funds and other institutional investors have recently made changes to their positions in VOXX. Acuitas Investments LLC purchased a new position in VOXX International in the 2nd quarter valued at $855,000. Acadian Asset Management LLC purchased a new position in shares of VOXX International in the second quarter worth about $44,000. Renaissance Technologies LLC boosted its position in VOXX International by 6.3% during the second quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company's stock worth $1,333,000 after acquiring an additional 25,000 shares during the last quarter. Marshall Wace LLP purchased a new stake in VOXX International during the 2nd quarter valued at about $67,000. Finally, Squarepoint Ops LLC acquired a new stake in VOXX International in the 2nd quarter valued at about $130,000. Hedge funds and other institutional investors own 71.00% of the company's stock.

About VOXX International

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.