Koss Co. (NASDAQ:KOSS) Short Interest Update

Koss Co. (NASDAQ:KOSS) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 9,200 shares, a drop of 46.2% from the August 30th total of 17,100 shares. Based on an average trading volume of 32,600 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.6% of the shares of the stock are short sold.

Shares of KOSS traded down $0.01 during trading hours on Friday, hitting $1.95. 2,960 shares of the company were exchanged, compared to its average volume of 7,384. The company has a market capitalization of $14.89 million, a PE ratio of 33.52 and a beta of 0.38. The firm has a fifty day simple moving average of $1.98 and a 200-day simple moving average of $2.02. Koss has a one year low of $1.73 and a one year high of $2.90.

Koss (NASDAQ:KOSS) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.01 earnings per share for the quarter. The business had revenue of $5.79 million during the quarter. Koss had a return on equity of 2.89% and a net margin of 1.95%.

Separately, ValuEngine raised Koss from a “hold” rating to a “buy” rating in a research note on Friday, October 4th.

Koss Company Profile

Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accessories in the United States, People's Republic of China, Czech Republic, Sweden, Malaysia, Canada, Russia, 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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